Mortgage Loan

Dave Ramsey was Erroneous about acquiring a 15 calendar year Home loan: Right here are the quantities





How you can leverage personal debt to produce large Wealth if you know what to do! See visible comparisons of popular theories that really don’t pencil out and see the ones that do!

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3 comments

  1. I think they missed the part where you're supposed to put in 15% of your income towards retirement investments while you try to pay off your home within 7 years, 15 being the maximum to keep a fire lit under you.

    All the while 3-6 months if expenses are tucked under you to handle any problems life throws your way.

    I still don't see the logical flaw of getting rid of debt ASAP. Builds a good habit of not buying what you can't afford going forward.

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  2. In your example, are you assuming that it’s the same house we’re mortgaging? How bout if one chooses a 15 year, you sacrifice and choose a smaller house?

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  3. The love of money is the root of all evil. Not money.

    Reply

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