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How We Paid Off Our Mortgage in 5 Years

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Marriage Kids and Money

After finding our dream home, we became worried about paying a big mortgage. So we decided to pay off our 15year mortgage in 5 years instead.

This process was challenging but definitely rewarding. Here are the 7 steps we took to pay off our mortgage in less than 5 years:

1. Get a 15Year Mortgage (2:08)
2. Make Additional Principal Payments (4:06)
3. Create a "Budget Party" (7:07)
4. Have Fun (8:54)
5. Dream Big Dreams (10:06)
6. Celebrate the Big Day (12:14)
7. Make Dreams a Reality (12:58)

What would life look like if you didn't have a mortgage?

Is it possible for you to pay off your mortgage in 5 years? If not, how about 10 or 15 years?

BUDGETING RESOURCES MENTIONED (affiliate links)
Tiller https://www.marriagekidsandmoney.com/...
Mint https://www.marriagekidsandmoney.com/...

MARRIAGE KIDS AND MONEY:
This awardwinning blog, podcast and YouTube channel are dedicated to helping young families build wealth and thrive. Each week, Andy Hill interviews personal finance experts, families who've achieved financial independence and debtfree young parents.

Subscribe to my YouTube channel today to strengthen your family tree and live financially free!

posted by prisilitilz