How To Pay Off A House in 7 Years!!

[@niftythriftybits3727]

Awesome!!! To have your home paid off in 8 years is quite an accomplishment! That took some dedication in making some smart choices and being frugal but just look at the payoff for your choices! Having a home that is paid for is such a relief and such a burden lifted off of you! Well done!!!

[@naomiking2442]

What a wonderful story! So proud of what you and your husband have accomplished! Looking forward to watching your other videos!

[@frugalgreengirl]

Naomi Talking Money Thanks and welcome new friend! 😀

[@MrDpms2010]

I was 30 when I paid cash for my first house. Best money I ever spent

[@MrChip123472]

This is good as long as you've saved a good chunk for your retirement along the way. I've taken a somewhat different approach in focusing on savings/investing while just making my mortgage payments smaller each time that I renew. At the current interest rates (meaning the past 10 years), I personally think it's better to not try to pay down your mortgage aggressively. In putting my money in investments instead of paying down my 2.5% mortgage I've saved at least an extra 100k. Good video and good food for thought to bring up.

[@cynthialenz]

Wow! Good for you! You are doing such a beautiful job of presenting an alternative to the life of debt most people just sort of figure they have to settle for because "it's normal."

[@donajean33]

When you make that extra payment make sure to pay on principal only.

[@annjean4369]

Great video! Thank you for sharing.

[@nancyruiz615]

Excited to see the tour!

[@cultivatingmylife4705]

This is what we are trying to do. Just chuck any extra at the house. Saving this for when I need inspiration.

[@KMF3]

Did you save money for your second house by investing or just putting it in the bank?

[@missgood5648]

Your story is amazing your inspiring me to get my financial act together thank you for sharing!

[@Myfrugallife]

That's so cool to have no mortgage payments. This way you can save more towards your next goal. I can't wait to get there too. Also, biweekly payment schedule isn't always compounded daily. I was looking to switch to biweekly, but then I read the fine print, and it said that the payments will sit there until it's enough for a month's payment, and after you make all the payments for the year, all the next biweekly payments will go towards the principal. So, I figured, we are better off just paying extra with every payment.

[@frugalgreengirl]

6:52 We were 28. I should have double checked my math BEFORE recording the video, Sorry.

[@1960genius]

this is good information no matter what your age!! THANK U!!

[@millionaire99i]

This is an incredible story. I want to pay off my house in 7 years. #Goals

[@frugalgreengirl]

You can do it! Good Luck!!

[@millionaire99i]

Frugalgreengirl Thank you!

[@elizabethpendleton3421]

AWESOME, Congratulations!

[@KMF3]

I refinanced once already. I had a 30 year mortgage at 5.87%. Then I refinanced to I believe a 20 or 22 year mortgage I'm going to have to check on that and 3.85%. With what you're saying about this I'm wondering if I should refinance again try to get a lower interest rate because you said you're paying 2.85% and make it a 15 year mortgage but pay it off early. What do you think about that?

[@missgood5648]

Thanks for inviting me!

[@frugalgreengirl]

No problem, hopefully you can come! ;)

[@blaze41203]

thanks for sharing, you are really amazing and smart, especially to be so young!

[@thecontentedhome9167]

Way to go!

[@julesm.8515]

First of all, you look about 16, not 28 or more. Second, how did you get so smart, so young? I unfortunately, didn't get into this kind of mindset until I was much older.