Link to calculator used in the video -- https://www.guardianmortgageonline.com/news-resources/Calculators/Basic-Mortgage-Calculator Link to video on velocity banking and how it doesn't work - https://youtu.be/C_vdUKN3qIE #schoolofpersonalfinance #personalfinance #financialeducation #financialplanning #financialfreedom Wouldn't it be great to pay off your mortgage in only 5 years! I wish that there was a magical secret I can share with you, unfortunately, that is not reality. In this video, I am going to teach you how mortgages and home equity lines work so you can decide the best way for you to pay off your mortgage early. I share my five best tips for you to pay off your mortgage as quickly as possible. I am also going to show you how paying extra principal payments can dramatically reduce the amount of interest you pay over the life of the loan. Subscribe Here: https://www.youtube.com/channel/UCJoM14_FRzdVAK4awLISSDA?sub_confirmation=1 Share this video with a friend: https://youtu.be/ocm-ShNaK28 Check out School of Personal Finance blog: https://www.schoolofpersonalfinance.com/blog ★ CONNECT WITH RICH ON SOCIAL★ ▸Twitter: https://twitter.com/richmccormack/ ▸Instagram: https://www.instagram.com/richmccormack04/ ▸Facebook: https://www.facebook.com/richmccormack ▸Linked In: https://www.linkedin.com/in/richard-mccormack/ To Becoming Great with Money, Rich McCormack, CFP® School of Personal Finance