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How to pay down your mortgage in under 10 years
How to reduce 70% mortgage interest fees and improve cash flow fast, and pay down a mortgage in under 10 years.
Many haven't visualized the significant interest expense savings from small overpayments, and also reduce the years payable on a mortgage term significantly.
This is possible even without surplus cash. With a better understanding of the difference between a loan and a line of credit, you can see the benefits of utilizing a line of credit to pay down your home mortgage in under 10 years.
it is important to understand the impact of cash flow, and the difference between a mortgage loan and a line of credit, how the interest is calculated differently between a typical home loan and a line of credit, and how monthly payments on a mortgage are allocated between interest and principal paydown.
By studying this strategy to better understand the structure, it could be possible to leverage a line of credit to free up cash and save up to 70% of mortgage interest payments.
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DISCLAIMER:
This is for educational purposes and to help improve financial awareness. For anyone looking to explore this strategy, I do not promise or guarantee any specific outcomes and/or results from using this strategy, and not everyone will experience a 100% success rate by using this strategy, as it requires access to either surplus cash or lines of credit ( with a commitment to keep applying this strategy over time without maxing out the available credit line )
►►► If you haven't started planning yet, now is the time to start.
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