30Y in 30D, Y13: What Does It Take to Pay Off a 30-Year Mortgage in 15 Years?

Jeffrey Goodman
7 min readNov 22, 2023

Some quick lessons if you’re thinking about aggressively paying down a 30-year mortgage.

Photo by Sasun Bughdaryan on Unsplash

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(Full list of “30 Years in 30 Days” Series
articles available at bottom of this article.)

• 30Y in 30D, Y11: Dream Home or Financial Freedom? Rethinking the True Cost of Stretching
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We’ve already seen in earlier articles how much faster you can pay down a 30-year mortgage and how much interest you can save by paying even a small amount extra each month with your regular mortgage payment.

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Jeffrey Goodman

Navigating facts and numbers to help people. Strong opinions on climate change and healthcare. Objective, not neutral. MIT engineer, Wharton MBA.