How to Pay Off Your Mortgage in 5 Years




Couple Money Podcast: Build Your Marriage and Wealth Together  show

Summary: Want to own your home free and clear? Andy Hill, creator of <a href="http://www.marriagekidsandmoney.com/">Marriage, Kids, and Money</a>, shares why and how he and his wife are paying off their mortgage in 5 years! <br> [smart_track_player url=”http://traffic.libsyn.com/couplemoney/How_to_Pay_Off_Your_Mortgage_in_5_Years_with_Marriage_Kids_and_Money.mp3″ social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ]<br> Living Debt Free (Including the House)!<br> <br> I had my friend and awesome money man Steve Stewart on here a few months ago to talk about what it felt like to own their home free and clear. It’s been a blessing for his family, but he acknowledge that you have to consider what all of your goals and where your mortgage plans fit in.<br> And when we spoke I was nodding my head, we’ve been chugging along paying off our debts. But now, I’m starting to revisit that idea.<br> We’re approaching a point soon where our only debt would be the house.<br> And to us and probably you too, it’s a pretty big deal. No credit cards, car payments, or student loan payments to send out.<br> So as we review our finances for the year and talk about our plans for the next, we’re going over what our priorities are including what we’re going to do about the mortgage.<br> How fast do we want to pay it off?<br> Pay Off Your Mortgage in 5 Years<br> I recently discovered a couple who ready to pay their off ASAP. Andy, creator of Marriage, Kids, &amp; Money, is sharing their ambitious debt free plan today.<br> In this episode we get into:<br> <br> * why you may want to dump that mortgage sooner rather than later<br> * finding extra money to throw into your mortgage<br> * how to stay motivated when paying off debt<br> <br> Hope your enjoy!<br> If you want to hear from someone who has paid off their mortgage early, listen to <a href="http://couplemoneypodcast.com/pay-off-mortgage-early-steve-stewart/">my interview with Steve Stewart</a>.<br> <br> Subscribe to Couple Money Podcast via <a href="https://itunes.apple.com/us/podcast/couple-money-podcast-build/id924656111">iTunes</a>, <a href="http://www.stitcher.com/podcast/elle-martinez/couple-money-podcast?refid=stpr">Stitcher</a>, or copy <a href="http://couplemoneypodcast.com/feed/podcast/">this link to use </a>with a podcatcher of your choice. You can also find me hanging out on <a href="https://twitter.com/CoupleMoney">Twitter </a>and <a href="https://www.facebook.com/couplemoney">Facebook!</a><br> <br> Resources for Paying Off Debt Faster<br> Want to learn more? Here are some resources to check out:<br> <br> * <a href="http://www.marriagekidsandmoney.com/5-reasons-to-choose-a-15-year-mortgage/">5 Reasons to Choose a 15-Year Mortgage</a><br> * <a href="https://www.daveramsey.com/blog/mortgage-calculator/">Mortgage Payoff Calculator</a><br> * <a target="_blank" href="https://www.amazon.com/gp/product/1595555277/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1595555277&amp;linkCode=as2&amp;tag=couplemoney-20&amp;linkId=1b4f9234fe5ca131616169d53626d87f">The Total Money Makeover: A Proven Plan for Financial Fitness</a><br> * <a target="_blank" href="https://www.amazon.com/gp/product/0785263276/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0785263276&amp;linkCode=as2&amp;tag=couplemoney-20&amp;linkId=b2b6003d1b13bef6bb448651e688a7d6">The Total Money Makeover Workbook</a><br> * <a href="http://couplemoney.com/mortgages/paying-off-your-house-early/">Paying Your Mortgage off Early</a><br> * <a href="http://www.marriagekidsandmoney.com/15-year-mortgage-paid-off-in-5-years/">15-Year Mortgage Paid Off in 5 Years</a><br> * <a href="http://www.enemyofdebt.com/paying-off-the-house-wasnt-our-1-priority-but-we-did-it-anyway/">Paying Off The Mortgage Wasn’t Our First Priority (b...</a>