The Shortform
Published in

The Shortform

Why 15-Year Mortgages Are A Bad Idea

Learn what to do instead.

image of a small house made out of $100 bills
Photo by Kostiantyn Li on Unsplash

Many people believe that paying off their mortgage early is a good idea, so they go for 15-year loans to make it happen.

I don’t disagree, but I prefer to do it in a different way that involves far less risk.

You can pay off a 30-year mortgage in 15 years, but you cannot pay off a…

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Building Arks with Jason Clendenen

Building Arks with Jason Clendenen

Self-taught investor helping busy professionals learn how to ignore mainstream advice and build real wealth. https://buildingarks.gumroad.com