ACCOUNTANT EXPLAINS Should you choose Fixed or Variable Rate | Mortgage Renewal 2025

Fixed vs. Variable Rate Mortgage Template ➡️https://www.gabrielletalksmoney.com/p...

00:00 Intro
00:49 Consideration #1 Renewal Process
02:07 Consideration #2 Appetite for Risk
03:07 Consideration #3 Prepayment Penalty
05:02 Calculate whether Fixed or Variable is for you
06:26 Part I: Difference in Payments
13:26 Part II: Prepayment Penalty
16:15 Part III: Variable Rate Sensitivity Analysis

Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
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Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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