Nov
24
2018
by
Michael Lush
/
0
Comments

How Johnny in Arizona Paid Off $17,000 of Principal in 10 Months

What was your mortgage situation prior to starting with Replace Your Mortgage?

We had a 30-year mortgage at $248,000.

When we started with RYM, the remaining principal balance was $230,000 from 5 years of payments.

What is the current status of your HELOC and how many months did it take you to achieve it?

After 10 months of using this strategy, we have reduced the principal by $17,000.

What was your biggest concern when deciding to join RYM?

Our biggest concern was this is a different way of banking.

It's odd looking at my checking account and seeing a zero balance. And living off of a credit card is totally opposite of what I was taught growing up.

After looking over my mortgage amortization chart and realizing that, not only do I pay my house off, but I buy the bank one also, just chapped my ass.

The math was with RYM sound and speaking with Randy drove it home for my wife and I.

How has using the RYM strategy changed your life?

RYM has changed our lives for the better. Everything being automated is a nice thing for sure.

What advice would you give to a homeowner considering trying the RYM strategy?

Have an open mind and go for it.

Michael Lush

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