30Y in 30D, Y13: What Does It Take to Pay Off a 30-Year Mortgage in 15 Years?
Some quick lessons if you’re thinking about aggressively paying down a 30-year mortgage.
Related and recent articles
(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
• 30 Years in 30 Days • Year 10: A Tale of Two Eras — Home Buying in 1972 and 2023
• 30 Years in 30 Days • Year 3: Early Extra Payments Are Magical
• Kickstarting “30 Years in 30 Days” — Decades of Mortgage Wisdom in 1 Month
• It’s Open Enrollment Season for Medicare Advantage Which Means It’s Open Hunting Season on Senior Citizens
• Has U.S. Healthcare Really Become a Mob Protection Racket?
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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.