Replace Your University
Replace Your University
RYU
#47 - Paying Off Your Mortgage: Is It Worth It?
12 minutes Posted Jun 22, 2023 at 4:00 pm.
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In this episode, Mike shares his experience refinancing his mortgage using a home equity line of credit strategy. He discusses his property in Tennessee valued at $500,000 and his desire to reduce his interest rate from three and a half percent. Michael explains how he plans to take out more than $400,000 to have additional availability on his line and pay off his loan quickly by dumping his money into it.