The problem with a 30-year mortgage is that you waste too much money on interest and stay in debt way too long. Go with the 15-year fixed-rate loan—you’ll save thousands of dollars and pay off your house faster, paving a much smoother path to your other financial goals. | Dave Ramsey
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The problem with a 30-year mortgage is that you waste too m…
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Don't believe it's possible to pay off your mortgage? Dave explains how. | Dave Ramsey
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If you've ever wondered how a mortgage payment actually gets calculated between the interest that goes to the bank and how much goes toward what's owed on the home... you're not alone. It can sound pretty confusing, but Dave Ramsey breaks it down in this call. | Ramsey Real Estate
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It's no secret... Dave Ramsey hates debt. Period. He doesn't have a mortgage, and he never will again. He stopped borrowing money nearly 40 years ago and hasn't looked back since. When it comes to mortgage advice for others, he makes an exception. Why?! Because when done wisely, a mortgage can help you eventually own a home, which is a massive asset that goes UP in value, helping people to build wealth. When someone has a paid-for home, they've eliminated a huge monthly expense and freed up that
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A 50-year mortgage does not fix housing. It just keeps you in debt longer. The math still wins and it is not on your side. | Dave Ramsey
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