4 Ways To Pay Off Your Mortgage Faster (Plus Save Money On Interest)

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You may be wondering why you would want to pay your mortgage off faster when you have a 1.5% or 2% interest rate, but a lot of people have the financial goal of paying off their mortgage faster. If you would like to be mortgage free by retirement, in this video we'll discuss 4 ways to pay off your mortgage faster that can potentially take several years off of your mortgage timeline.

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TIMESTAMPS:
0:00 - Introduction
2:10 - Example Facts
3:41 - 1. Accelerated Weekly Payments
5:21 - 2. Additional Monthly Lump Sum
6:57 - 3. Additional Annual Lump Sum
8:25 - 4. Adjust Amortization Schedule
12:31 - Bonus Tip
14:21 - Summary

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DISCLAIMER: This presentation is for informational purposes only and should not be considered financial, investment, tax, or estate planning advice. All investments carry risk, and past performance does not guarantee future results. Any forward-looking statements are based on assumptions and may not reflect actual outcomes.

The content on this channel is for educational purposes only and does not provide specific investment or planning recommendations. Viewers should consult a qualified professional for retirement, tax, or estate planning guidance. Parallel Wealth and Adam Bornn are not responsible for any decisions made based on this content.