How $130 Knocked Off 13 Years From Our 30 Year Mortgage

[@TheCreoleSon89]

I have been done with my mortgage for 13 months. I have to tell everyone that a paid off home is a great feeling!!!. I'm able to save sooooooooo much! I am 27 been debt free since October 2015 at 26 (one month shy of my goal at 25). the grass feels different and the house is actually YOURS!! none of my friends even have a house and I'm here with a paid off home, 401k, Roth ira, and looking for a vacation home. and done making just under 40k. (I make 48k now though). just sharing to give someone encouragement!!!

[@HisandHerMoney]

That is awesome!!! Congratulations!!! We would love for you to share your story with our audience on our podcast and video if you are ever interested. Email us at info(at)hisandhermoney.com and we will get back with you shortly. Keep up the great work!

[@mickyunit]

thecreoleson AWESOME! my son is working towards that as well. please share your story with Tai and Tallat.

[@juniorortiz5137]

i have a 40000 house. can i cut that in half/

[@yellagurl3275]

WOW

[@savvysavages6931]

Happy for you, brother.

[@stephanier1336]

That's exactly what we did, we are 26&29 and paid off an over 210,000$ ,mortgage in 6 years! God is good

[@HisandHerMoney]

+S&J Reinke Awesome! Yes HE is!!!

[@cutweldngrind]

S&J Reinke maybe I can do the same on my mortgage. I have 18% + 6% match going to 401k and might drop it a bit to send to mortgage.

[@awiseguywhousedtobeafool9166]

How did you do it we have a mortgage left on a 30yr term and we have been in it for 4 yrs our total balance left is 208k and our monthly payment is 1669.21 how can we pay this down quickly in the next 6 years

[@aprilfletcher3473]

That's amazing

[@1Grandhustler]

@@HisandHerMoney I started paying extra on my condo mortgage when it was at 105k. Now I dropped it down to 85k. I was paying a extra 2k a month towards the principal payment. This year I'm gonna do a extra 3k a month towards the principal and my goal is to have my place under 50k at the end of the year.

[@falltravels4049]

My husband and I did this and paid off our 30 year loan in 13 years. There is NOTHING better than paying off your mortgage and not having that payment especially when your kids are ready for college. Retirement comes faster than people think and it is sure a lot easier without a mortgage payment.

[@EdwinG310]

+Nancy Herkes wow! Can't wait to pay mine off.

[@jorgeinti4917]

Nancy Herkes . how did you guys do it?

[@falltravels4049]

Jorge Inti Hi Jorge, we put an extra 100.00 on the payment and more than that when we could. it knocked the principal down faster so we were able to pay it off much sooner. The interest rates weren't as low as they are now. if I were paying it down today I would get the lowest rate and shortest term I could, then add money to the payment to knock out the mortgage.

[@awiseguywhousedtobeafool9166]

Nancy Herkes hello if my mortgage remaining balance is $208,129.54 and my monthly note is $1669.21 about how much extra do you suggest I put towards it each year in order to get it done in about 10yrs also I will be switching to biweekly payments as well

[@briannix1437]

@@awiseguywhousedtobeafool9166 I have a mortgage. You do not have to pay bi biweekly. I have the bank automatically take 3 times my mortgage every month once a month, Same principle at the end of the day.

[@grod0051]

That's gat! We had a 7 year $26000 mortgage and we added just $50 over the payment and got it paid off in just over 4 years. What a relief. We felt so proud.

[@danielsolomon4471]

What was your payment on your mortgage if you don't mind me asking?

[@shanedriveinit]

Is that 26k house?! Damn here in UK you need like 26k pounds for a deposit for a 300k house which isn't even that big.

[@wowwee0]

$26000 mortgage? Omg. Average houses are $800,000 to over a million here lol.

[@TheElzExperiment]

You bought a Shack? Lol

[@shakers8638]

Don't be such a hater

[@deanoshea1766]

Excellent video. Thank you. Our mortgage was 20 years originally. I sold my 2 year old Jeep and bought 2 older vehicle with cash. The former loan payment is paid onto the mortgage every 2 weeks. The bank tried to deter us from making extra payments as there is a 3 month interest penalty on payments over 15% of the original amount. I told the bank person that 3 months interest sure beat 10+ years worth. We also no longer eat out. That money is also put on the mortgage. It has also resulted in us losing weight. I am no longer a type 2 diabetic and save over $300 a month on meds and supplies. We have been in this house almost 4 years and have 39 more months left on the mortgage. I cringe at how much interest would be paid on a 30 year one.

[@mickyunit]

Dean O'shea AWESOME!

[@msAmerethioqueen]

Great inspiration! Congrats!

[@classicrocklover5615]

Sounds like good blessings are coming your way!

[@travellady68]

I am mortage loan officer for 11 years and love this method. Paid of my home a few years ago this way.

[@HisandHerMoney]

travellady68 Woohoo!!!! Congrats. That is awesome. We love hearing that. Thanks so much for watching.

[@julied915]

Did my 1st $25 to my principle payment. Already looking to throw more to it. Thank you for sharing your story. God is good🙌

[@maxinesealey8927]

Loved your advice. Im a registered nurse and I work 36 hours a week to earn extra money. I try to pick up one extra shift per week giving me 48/week. I also will work other nurses holidays so I can make time in a half. My car payment will be paid off by the end of this year instead of 2019. God is good!!!!

[@HisandHerMoney]

Maxine Sealey Awesome! It's all about gazelle intensity. It's #HustleSeason!!!

[@EROBLOX2014]

Maxine Sealey Follow Dave Ramsey, today I'm debt free no credit card no car loan no student loan.

[@lashun1st]

Did u use the same method to pay off car?

[@shansopink]

I don't have a mortgage payment, I've inherited my grandparents home that is paid for but i think i will apply some of these tips to paying off my car and eventually my student loan debt

[@HisandHerMoney]

Shannon Elle That is great! Keep up the great work. Thanks for watching.

[@keithupton86ku]

lemmieatit You must be fun at parties.

[@brianallen0826]

I started doing side jobs, especially in nice weather. Don't EVER let someone tell you they're on a fixed income, if you are not ederly or disabled...there are ways to make extra money. I detail cars and clean windows. There have been many a weekend that I brought in an extra $500-$1000

[@HisandHerMoney]

+brianallen0826 Awesome!

[@debrawilliams7983]

Even elderly or disabled can make money online!!! No such thing as "fixed Income" to me!!!

[@debrawilliams7983]

I have grown to love your channel thank to Dave Ramsey & KZbin!! I am rethinking my whole attitude about money and debt!! I don't have no major debt, but i believe that a "refresher' course never hurts anyone!!! Always be open to new ideas I say!!

[@Myeverydaywifelife]

You forgot to mention the $$ you save by paying off mrtg earlier, not only will you pay it off earlier but it saves a tons of money obviously. I use bankrate mrtg calculator to figure how much you save, you can see how much interest you save with the amortization calculator. For example if you get a 100,000, 30 year loan @ 4.5% you will pay $82,000 in interest after 30 years. If you pay it off and extra $200 a month you save $42,000 in interest and pay it off in 17 years instead of 30. You save $40,000!!!!!!!!!!!!

[@HisandHerMoney]

Myeverydaywifelife Yes you definitely save tons of money! Thanks so much for sharing and watching.

[@tarsi00]

I have become obsessed with all of your videos. Its so nice to see a positive couple working together and having something intelligent to say lol gives me hope. Thank you for all the advice.

[@HisandHerMoney]

+Laura Tarsi Thank you so much Laura!

[@mac1bc]

true. it's great to see a couple working so well together.

[@Speakeeezzy]

When I revised my budget last month, I made a few cuts that amounted to exactly $130. Such an odd coincidence. Haha. Thanks for all the tips!

[@ericabarnes7214]

When he said, "give me two per" I would have liked to died. Lol. Hilarious!

[@SimpliMee92]

#dead LOL!!!!

[@originalone1000]

Murphy lee voice.lol

[@youngdisciple2]

Had me rollin!!!

[@larryhobbs8769]

Sounded stupid when he said it

[@pinest45]

I’ve just started listening to you. I’m liking what I’ve heard thus far. I payed off my 30 year mortgage in 10 years, three years ago. I took on an extra job for two of those years. I’ve applied all of my tax refunds towards it too. I kind of went wild and started traveling each month after paying my mortgage off. I’m finding it hard to discipline myself and save money now.

[@allih0527]

Our mortgage company charges a hefty fee for the bi-monthly payment so what we do is a principal reduction payment each month 2 weeks after our regular mortgage payment. Just like you guys we're now down to a 15yr mortgage (from a 30yr) after 7 years of doing this! Gotta love that!! :)

[@HisandHerMoney]

Momma Allie That is awesome! Keep up the great work guys. Thanks for watching.

[@roberson100]

+Momma Allie Bi weekly plans. They do work! BUT!, As they said in the video, It can be done on your own! First, How do they make money? They have a set-up fee that is a large part of your first "extra" bi-weekly payment and then a per-debit charge at about $1 to $3 per debit. All of which could be going toward your principle! And, they don't put money toward principle every two weeks! They make your regular monthly payments for you and then after they have accrued a set amount, they make a Principle Only payment on your behalf. So, They earn interest on your money until they see fit to make a payment for you! How to do it on your own? A lot of financial institutions are getting in on the bi-weekly game and most have some sort of set-up fee and/or per-debit charge. But you can avoid it all. First, Set up a Savings account at the same bank into which you have your paycheck direct deposited. Next do some basic math. 26 half payments = 13 months worth or 1 extra payment. Now figure how much extra you are willing to pay every two weeks. Every little bit makes a huge difference! Try $75. Think about your paycheck to paycheck, and ask, "Can I afford $75 per check?" Just find an amount you can live with and I'll show you in a moment how much control you have so you can adjust easily! Now, take half your mortgage, round it up to nice neat number, add $75. This will be the amount you have Auto transferred to your savings account the same day as your direct deposit. ( I also add half my car payment also rounded to a nice neat number! ) Multiply the agreed upon bi-weekly number by 26, then divide by 12, and subtract your regular mortgage payment. This will give you your regular "Principle-Only" payment. Finally, Go to your mortgage servicer's site and set up an auto-pay that will include the regular monthly mortgage payment and the "Principle-Only" amount. Done! The real beauty is the automation and control. When you get your pay stub, simply "mentally subtract" that amount and this is what you have left to take care of everything else! And, If the "wheels fall off" of your life, Simply go and adjust the amount paid to "principle only until you get back on your feet. Still, There is something to be said about having a "Rainy Day" fund saved up first. If there is a loss of income, The bank could see equity as profit in a foreclosure situation! Also, a balance should be made with investing and paying off the mortgage! If you can have a true gain on investments over time, greater than the interest paid to the bank on your mortgage, then that strategy should be utilized as well!

[@Rachellove958]

5 months left to go in our debt free journey..AUGUST 2016!!!

[@oliviajoans]

I'm 27 and I've had my first apartment for a year now. you've just inspired me to make a big move like this on Monday

[@EROBLOX2014]

Olivia-Joan Iiyambo whats your update?

[@strokex1]

you idea makes good sense. My parent bought a house and one of my sisters bought a house many years after 12 to 15 years. She made on extra payment per year and ended up finishing paying her mortgage at about the same time. so all this stuff is true. Congrats to both of you.

[@callie1on1]

thank you guys.. we just bought a house havn't even made our first payment yet so this is what wer goin to do!

[@hlb0111]

I'm so glad I found your video. I would have thought $20 would be to insignificant but now I believe otherwise! I feel very empowered! I will keep you posted on my success.

[@consumerdebtchitchat]

Just discovered your channel - new sub. I get keys in 3 weeks to my new condo.(Feb 2020). Decided to practice the art of DELAYED GRATIFICATION .. and hold back a little on my remodel. ..and take out a 35k mortgage vs. 45k .. simply because I don't want to pay a years worth of nothing but interest. Should have it paid within 3 years .. maybe less. LOVE your channel - and you're so easy to listen to. CONGRATS on paying your mortgage off - inspires me. I put down approx. 70 percent t thanks to late parents. I made sure not to waste the funds on a vehicle or short lived trip. So glad I did it this way. Your channel motivates me further.

[@michellescott4499]

Y'all are SO inspiring! How did I miss your channel for so long! Bless you!

[@HisandHerMoney]

+Michelle Scott Thanks so much for joining us!

[@josephrizik1453]

etfftf

[@Themelaninatedmomma]

We haven’t even brought our first house yet and I’m already excited!!! Love your videos

[@DANISTEAA]

Thanks for the inspiration, I can't believe all the time i have been on KZbin looking up nonsense I could have been watching you guys, yall' got me motivated for the #hustleseason

[@HisandHerMoney]

+Danielle Nicole Awesome!!!! Thanks so much for joining us.

[@reginamarnae5126]

Girl me too..

[@ZedGirl]

Hi Guys, instead of doing bi weekly payments, I do an extra principal "mortgage" payment in December every year (the same amount as a regular payment but directly to principals. ) I also do $200 monthly principal payments. After listening to you today, what I'll do now after watching this, is add another small amount to principal about $20 in between the other principal &mortgage payments to interrupt the interest. Goal is to complete the 30 year mortgage in the next 5 years.

[@Jesuskee]

Yall just don't know how much these videos help me out. It really hit me what your hubby said about getting a raise & thinking oh look at all the new things I can buy now. That's so me! Smh I've been debating on buying new furniture just bc me & my hubby are making more money. When I can be paying towards debt.

[@HisandHerMoney]

Kia We are happy to see you have a change of heart. It is important to get out of debt as quickly as you can. Live like no one else, so that one day you can live like no one else! Thanks so much for watching!

[@Healedhomegirl]

I'm from Illinois I totally understand give me two pair!!!! i just wanna say thank you....i listen to you all every morning!! it keeps me focused thank God for yall

[@zambam3]

Hello, I loved the video! The part where you mentioned bi-weekly payments was really good. I used to do that to, but since 2010, I do weekly payments. Because you're doing smaller payments more frequently, you hit the interest every week. It doesn't have the chance to build up as much. I served in the Canadian military for 21 years, and I get a pension, so I was thinking maybe I could put at least half of that into the mortgage each month. That alone would be $1000 per month. That would probably hammer the mortgage down a little quicker. Cheers, Rob

[@MoNATUREnique]

I’m watching this video again after knowing that you guys have paid off your house in 5 years. We are under contract for a house and just spoke with the loan officer. I’m so excited to implement this plan to knock off this mortgage. After paying off debts for the past years, this will be the biggest challenge yet and I’m ready for it. I’m excited to reach this goal. We are going to take the online class you have tonight too!! God bless you for your teachings.

[@AllInWithBreRaTv]

I wanted to take sum time out to say 1st thank you thank for for your channel. Myself and husband waited 13yrs to become homeowners we just closed on our brand new home which is 230000$ we were able to put 75,000$ down at closing we did this so we wouldn't owe so much on our home and also our mortgage would be low and comfortable for us to enjoy now that we have finally moved into our brand new home and made our very 1st mortgage payment myself and husband or accepting your challenge to pay off our 155000$ dollar mortgage early we have made a budget we have already started adding more to our principal and we set a time frame to have our mortgage paid off we love challenges so July 1st 2019 our challenge begins to see that you guys have done this gives us hope and and motivation to achieve this goal thank you again we have subscribe to your channel 🙌

[@tocrazyjay]

Great video, I'm pretty much a stay at home wife. my husband pays the bills, I have a hustle job (delivery service ) that I do when I want. but I've always been about paying bills off early. And that's what I do with my hustle $$. Hubby says, well the bills are paid, why do you use the hustle $$ for that. The sooner the better. I loved how you guys broke it down though. We are in the process of looking to buy another home, and I know where my hustle money will be going. he will thank me in 17 yrs.

[@hrcubsgirl]

I pay $170 per month and it may seem like its not going to do anything but it does, it really makes an impact!

[@geninewilliams7109]

Thanks for your positive vibes! We are now paying extra towards our mortgage and we're also planning to pay twice per month

[@bougiecheapskate4776]

You two are really blessing my marriage. Not only encouraging me to stay on track as a stay at home wife...couponing, bargain shopping and stretching our dollars to the max. But I have been playing your videos in the background as my husband studies. He is slowly but surely having a change in his thinking...excited about paying off debt. We are hoping to purchase another home soon and I have been stressed about taking out a 30 year mortgage and right on time you post this video. Love you guys keep them coming.

[@HisandHerMoney]

Bougie Cheapskate Thank you so much for sharing this with us. We are happy to see that you both are getting on the same page in regards to handling your debt! Every penny counts. Thanks for watching.

[@Fatsydo]

You guys are awesome!! My husband and I are on this path. Thank you for the advice and encouragement 💜💜💜

[@HisandHerMoney]

You got this!

[@tragic504]

We pay an extra 50 a month and an extra 1300 at the end or beginning of the year which is the equivalent of 1 extra house payment to be applied to the principal.

[@susanuvanni143]

I really like your channel. It is so nice to find a "couple" that speaks to everyone - not just couples...I am single - you speak to me as well. Some other channels - it is only about "couple stuff" - thanks for the inclusive message!

[@josephine42901]

Yes

[@johnmarshall3903]

Same here, your both great people! All the best to you both

[@concesi8877]

This is the first video i came acrossed. My credit card debt is all caught up and now my mortgage is next. This video inspired me to get pumped up to get started on this HUGE debt of mine. Its not a good number to look at. Credit card debt seemed easier because it is a much smaller number which appears to be more doable to reach. After thinkin about all this credit i built up and paid off I dont know how many times.... I thought to myself...all that time it could of been my mortgage. Now its looking forward and doing just as you suggested. I have already been applying $100 extra since i started my loan...now i can add more now that my other debt is gone. I see a tiny light glowing at the end of my tunnel....Here I go!

[@mrsj-griffin4552]

I watched this when it first came out and now again that I am a homeowner. Super excited to put this practice to work😊

[@amandaellis8149]

You guys are wonderful, provide great info, and are easy to listen to!!! I enjoy listen to you both because your personalities shine through and I never find your videos boring. Such a beautiful couple! God Bless you both and thank you so much for the great videos!!!

[@HisandHerMoney]

Amanda Ellis Awwww thank you so much!

[@lisaphillips9991]

Very, very proud of both of ya'll. Thank you for encouraging us.❤

[@erinmonday3743]

You guys are amazing!! My husband and I are in the process of paying off our mortgage early and your tips on maintaining a bank account completely dedicated to real estate stuff totally makes sense. Do you also use a finance management app to figure out your spending pattern to decide a monthly amount or is it a constant amount?

[@ANTDZLVIZION]

just subscribed.....you guys should make money as motivational speakers....yall could put that bankroll toward the mortgage....don't know yall bit yall are awesome

[@Jsking2323]

I just wanted to say I love your videos I have like binged watch a ton lately I just found your total. I'm 21 and my husband and me are debt free except our mortgage and I just love watching all your budgeting videos because that is one aspect of my life I'm crazy about :)

[@HisandHerMoney]

+Jordan King Awesome! Great job you two. Keep up the great work.

[@mamasaidsew4843]

The only thing about biweekly that concerns me is the months that 3 payments come out. Where does that money come from? Or should I wait until we have more saved before trying this. We live paycheck to paycheck but want desperately to change this. We already paid off one car and are working on the other. We quit eating out, we paid off all cards etc. This mortgage is next, but I have concerns about where the extra will come from.

[@Elena-er7zp]

terri e there have been times I called the mortgage company and held that extra payment cause I needed the money, but once I cleared my debt, I haven’t called and I don’t even notice the money being gone.

[@granitemoss1451]

I know this video is about 4 year old, but thanks for the inspiration and support. Working hard over here to slay the mortgage. We started late, frittered away a bunch of years NOT doing it, but we are hoping to have a 30 yr paid off in 20. Throwing every nickle can find at it while, while trying to balance other obligations, both current and future.

[@abc123abc99]

Love the concept of a dedicated out-of-sight mortgage account coupled with automatic payments. Thank you!

[@oyura1960]

I sat down for hours watching your on KZbin. Can't get tired watching you .

[@HisandHerMoney]

+Ora Kennedy Thank you!

[@betts258]

it's so pleasant to hear u speak together...u r so respectful of each other

[@QasimMohammedRealtor]

Note: if you paid the extra payment before your monthly payment will make huge difference. Because the interest rate accumulate by the amount that left.

[@greengiant3421]

Another AWESOME video!!! Amazing what a few dollars can do!!! Congrats on knocking out your house payment from 30 years to 16 years!!! That's a HUGE accomplishment!!! Thanks for sharing!!! 👍

[@HisandHerMoney]

tammy mcclain That's what it is all about...just a few dollars can change everything! Thanks so much for watching.

[@kishalwillams]

just found your video and I'm excited. recently retired from the military, my husband still in and we are newlyweds and only had our home for a year. this is so encouraging and u want to speak with my hubby. found your site because I was looking for tips for my garage sale this weekend

[@HisandHerMoney]

+mrsawesome121212 Thank you so much for joining us!

[@rereroane]

Happy New Year!! A few days ago I talked to my husband about monthly putting extra money towards the principle on our mortgage. God put your video in front of me. Confirmation!! Thank you for unselfishly sharing your experience. We will follow your model. Be blessed!

[@Mylifefullofhope]

Wonderful! My husband and I are going to have to do this! Thanks for sharing!

[@HisandHerMoney]

MY LIFE FULL OF HOPE Yes!!! Thanks for watching.

[@BerniceTaylorFitness]

Great information. More people need to know this. I'm in my 50s and it surprises me when friends take on mortgage payments in their 60s! Love this.

[@seniafaamausili605]

Coming back to watch this again and again for motivation, currently paying just over triple mortgage payment with the goal to be mortgage free in 4 years, thanks for this guys and God bless 🙏❤️

[@HisandHerMoney]

Fantastic!

[@bay32b]

If you don't want to share this information I completely understand :) was wondering if you would feel comfortable telling us how much of a mortgage you guys have/had? Would help put the extra you are throwing at it in perspective :) thanks!! Xoxo

[@MomsSimpleLife]

I had my man watch this with me, now he loves you guys too. Keep up the good work!

[@HisandHerMoney]

Moms Simple Life Yay!!! Tell him welcome to the club...lol. Thanks so much for watching.

[@bethsanchezyoga]

allocate even twenty extra dollars as if it was a bill - yes! a great bit of advice.

[@HisandHerMoney]

+Beth Sanchez Yoga Yes, everything helps! Thanks so much for watching.

[@seniafaamausili605]

You guys are a great team, I can watch this video a thousand times because that's where we're at at the moment, with this corona virus I haven't have an income coming in but grateful for my husband who is still is, we are a family of 4, our 6 months emergency fund is still left untouched and looking forward to be back to work next week so that we can get our mortgage paid off asap oh at the moment our mortgage payment is almost doubled and there is no way we're going to put it down because of corona, we are comfortable because of being debt free and still living on a budget and still managed to save some money on a one income, thanks again guys, Lord bless you always ❤️🙏

[@toniemapson3659]

great video! I was watching for some extra motivation. I have been on this track for a minute, started with cc debt, school loan, etc. But only thing left now is mortgage. What I did was the snowball method. So now that all the other debt is gone, I take what I was paying and make at least a 1K payment on principal monthly. Thanks to COVID and side hustle, (giving vaccine) I paid off 17,000 car balance in 3 months! It is definitely a mindset change!! I hope to complete mortgage this year/early next year. Thank you, Jesus!

[@jackiejo88]

Just found your channel and subscribed. My husband and I just bought a house (our only debt) earlier this year, cash flowed a surgery and having our baby, and chose to go to a one income household for me to stay home with our girl. Our goal is to pay extra towards our principal when I go back to work and pay off our mortgage early. I never thought about how just an extra $100 a month could impact it!

[@SeychelleSunshine]

Yes. People forget how small amounts add up quickly. $25 at Dollar Tree blows some people's minds because each item is $1 or less so people get surprised. I'm a 22 year old low income college student. I have to live on my own and I'm teaching myself about the financial literacy no one taught me growing up. Just cutting out getting my nails groomed from every month to special occasions, I was able to save that $40x7 months which is $280 a year. I'm putting that toward my student loan principal and saving for a reliable car. I'm going to save a lot of money avoiding extra interest by paying my loans down sooner. Time is money in that way as well, debt appreciates and the longer it takes you to pay a loan, the more you pay in the long run.

[@tramisamoses8469]

I am so glad to have found your channel today. My husband and I are looking forward to applying this principle and get closer to financial freedom. Thanks for sharing the info.

[@billiefurlow1585]

I came over from Lydia Senn, and I have to say you two are "money sages." Now I've got to watch all your older videos. Loving your advice from Texas, Gaye Furlow

[@HisandHerMoney]

We love Lydia, thanks so much for watching!

[@colleenmcmillan4044]

Wondering if you have made an updated video about how your mortgage is going right now.

[@josecasillas7769]

SUPER WISE!!! Blessings and Miracles

[@SweetJordan87]

Just found you guys and I'm so excited to get started!! Thank you for the info and taking time out to do this

[@HisandHerMoney]

Jordan Risin Awesome! Thanks so much for joining us.

[@larissaalcorn3406]

Yes! Every dollar counts! Not only does it chisel away at the principal, it also increases the portion of your regular payment that goes toward principal by reducing your intrest. It's a double whamy at that principal!

[@auntgranny]

I just love you two. I'm out of credit card debt and now am working on the car loan. you inspire me. thanks so

[@HisandHerMoney]

Adrian Restivo Congrats! Continue to push forward. Thanks so much for watching.

[@evonnehollis2665]

Hello, First I would like to say I almost couldn't breath when you guys stated that you had a 30-year mortgage that is now a 16-year mortgage. Can you PLEASE tell me how I can turn my car payment from 5 years to 0 years. That is the largest bill I have right now.

[@gabi6217]

30 to 16 years, in just 2 years?! WOW! You already had my attention but that’s outstanding!

[@alindantes411]

Thank you for the motivation and inspiration, much success to you guys!

[@rosesflowers4722]

My mortgage payment is $402 monthly. I have $48,000 to go. What do I do to pay it down?

[@Oglulubell]

Just make sure what ever extra you send in goes directly to principle

[@narendrachohan1718]

Very encouraging. Also giving us Idea of how other people are doing.

[@kristilewis3411]

I have never heard of this! Thank you so much for this video!

[@HisandHerMoney]

You’re welcome!

[@nachasityjones7009]

This is some amazing information. Thanks needed this just beginning in September 2020 with a mortgage.

[@Elemiriel]

You guys are SO inspiring! My husband and I just got married and juggling/combining finances is so complicated! Before we got married my husband had just bought this house and now we are trying hard to pay it down as well as my student debt... this is an awesome channel! We make a habit of throwing an extra $25 towards our mortgage whenever we can and it TOTALLY makes a difference! Our payments have gone down by a dollar but we are putting in the same amount so it just keeps improving! bit by bit is still progress :)

[@mauvyd3269]

Thanks for the information 🙏✅

[@beckasiegel]

First of all, you guys are adorable! I just recently discovered your channel & I've really been enjoying your videos! You have so many great tips! Thanks so much for sharing your wisdom and your own experiences! :)

[@mariamagdaleno4366]

God bless you two ! We are going to start doing this in our mortgage payment

[@mmmgan1]

Thanks for the advice and encouragement. And great job!

[@marieyvesbazier9513]

Hi guys. I am a new homeowner. I closed on May 4th. I am wondering how much was your mortgage loan at the beginning? My loan is 438.400. I want to knock it down as quick as kicking a ball.

[@EJbarbone]

my loan is 292,000.00. I can pay an extra 500.00 to my principal how would that help my loan?

[@SnowSuz]

Eric Barbone google overpayment calculator. It'll give a good estimate.

[@marvam1414]

Your channel is awesome thank you

[@droopypie]

I enjoyed watching your show - you have a great upbeat attitude.

[@paulettebarrentine1795]

My first time watching your program!Im wanting to buy a house,but my husband and I are 61 and 65 yrs.old. Our income of two full time jobs and a part time is somewhere around 60,000. My husband and I are not going to retire unless we just cant do it anymore. What are your thoughts on it please?

[@khadijahwhite9283]

Wow! You guys are amazing. I subscribed and I sent my daughter to subscribe.. it's so funny and I just had this conversation with her about paying her mortgage payment bi-weekly and throwing something extra. She's 32 with three children and a single parent. No excuse she can do this. Once again thank you thank you thank you

[@NavyChief1999]

I ran into your videos today, of course I'm subscriber now. I've listen to Dave for approximately seven months, love his message and I'm sure I will learn from the both of you. My wife and I have adopted each principles you are speaking and we are on a mission to be debt free. Thank you for the work you do. Agape!

[@HisandHerMoney]

Awesome! Welcome to the His and Her Money family!

[@Myeverydaywifelife]

Love it!! My husband and I took 14 years off our 30 yr mrtg and saved $40,000. I know a lot of people pay off their smallest debt first then use the money to pay off next smallest debt and so on. However, our mrtg was our had the highest interest rate of all our debt, so we starting paying off that first as it worked out better mathmatically. Our mrtg was 6.7% and our cars were only 4% so we figured out since our mrtg was a bigger monthly interest rate that it would be smarter to pay off that one first. Then once the cars were paid off we added that payment to the mrtg too!!!

[@HisandHerMoney]

Myeverydaywifelife Awesome! Whatever it takes to get out of debt...is a plus in our book. Thanks so much for sharing and watching.

[@jimmygray3452]

This is an amazing approach! Thank you so much for this video!

[@Tchild2]

Great video. You two are inspirational. This is the kind of video that brings hope to people.

[@HisandHerMoney]

Glad you enjoyed it!

[@andrealahr7115]

Thank you so much for another inspiring video! I will be doing more investigating into my budget this weekend.

[@mmack2457]

I just found yalls channel, and you guys have a wealth of great information. Thank you so much for your time and knowledge. My husband and I are also in "hustle season mode". We are trying to have our house paid off in 5 years.

[@HisandHerMoney]

+M Mack (Mackswife32) Thanks so much for joining us! Keep up the great work!!!

[@JakeNaughtFromStateFarm]

Another good strategy is rounding up your payment. It’s usually $50-$60 and can knock 5-7 years, as well as making it easier to budget.

[@sadieesther9721]

Wow I love watching this after watching the video you just posted after finally paying it off!

[@MzShonuff123]

Another important thing about automatic payments is what that does to your credit score as well. As long as you're paying on time, you're going to be improving your credit score through timely payments and a reduction in overall debt.

[@cristiecerniglia5937]

Thank you so much for the encouragement!!

[@liticiahatten9953]

Good that you’re doing it together and it’s positive!