Would you like to be Mortgage free quicker and you are wondering how to do it, and what is the benefit to you? In this video I am showing you the calculations of why it is important to overpay your mortgage even by 10% if you can, to drop the term of the mortgage easier and put more money back in your pocket easily.
The Illustration in this video is for education purposes only and not personal finance advice. Please ensure you have checked your mortgage early repayment fees and charges before making any overpayments to it. It is your responsibility to ensure you are within the Terms and Conditions of your mortgage.
Repayment mortgage calculator used in the illustration here:
https://www.moneysavingexpert.com/mortgages/mortgage-overpayment-calculator/
For more information on the Investment Products, Business Products and Applications I use and recommend for starting a business in the UK - please check out https://mamafurfur.com/blog/products/
You can find details of my FREE Money Stacks Method Spreadsheet on my website here: https://mamafurfur.com/products/
You can find a list of my other Digital Products, Books and Services I have created here:
https://mamafurfur.com/products/
If you would like to GIVE or SUPPORT our work on my channel you can support it via my website:
https://mamafurfur.com/donate/
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I will not sell you or recommend a Stock Scheme, so if you have someone pretending to be me on social media asking you to take part in such it is likely a scam. I only have “blue tick” or verified social media accounts and these are listed below.
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WHO AM I:
I'm Jennifer Thomson, Christian, Scottish, Engineer, PhD, CEO/Business Owner and Full time Investor/Entrepreneur/Author/Financial Educator. I hold a Master of Engineering degree, Professional Investment Management Qualifications, Business Management Qualifications and a PhD in "Biblical Studies". I have also had my own companies successfully for over 20 years. I make videos about Personal Finance, Investing, Entrepreneurship, and share my faith as a Christian. Sadly I cannot reply to every comment or message, but thank you for supporting my channel.
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Timestamps
00:00 Intro
00:58 How Mortgages work as loans
03:28 Illustration calculation
06:46 Why should we make overpayments?
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You can find my products and services on www.mamafurfur.com and www.projectjoy40.com
KEEP IN TOUCH:
The Illustration in this video is for education purposes only and not personal finance advice. Please ensure you have checked your mortgage early repayment fees and charges before making any overpayments to it. It is your responsibility to ensure you are within the Terms and Conditions of your mortgage.
Repayment mortgage calculator used in the illustration here:
https://www.moneysavingexpert.com/mortgages/mortgage-overpayment-calculator/
For more information on the Investment Products, Business Products and Applications I use and recommend for starting a business in the UK - please check out https://mamafurfur.com/blog/products/
You can find details of my FREE Money Stacks Method Spreadsheet on my website here: https://mamafurfur.com/products/
You can find a list of my other Digital Products, Books and Services I have created here:
https://mamafurfur.com/products/
If you would like to GIVE or SUPPORT our work on my channel you can support it via my website:
https://mamafurfur.com/donate/
-----------------------
I will not sell you or recommend a Stock Scheme, so if you have someone pretending to be me on social media asking you to take part in such it is likely a scam. I only have “blue tick” or verified social media accounts and these are listed below.
-----------------------
WHO AM I:
I'm Jennifer Thomson, Christian, Scottish, Engineer, PhD, CEO/Business Owner and Full time Investor/Entrepreneur/Author/Financial Educator. I hold a Master of Engineering degree, Professional Investment Management Qualifications, Business Management Qualifications and a PhD in "Biblical Studies". I have also had my own companies successfully for over 20 years. I make videos about Personal Finance, Investing, Entrepreneurship, and share my faith as a Christian. Sadly I cannot reply to every comment or message, but thank you for supporting my channel.
-----------------------
Timestamps
00:00 Intro
00:58 How Mortgages work as loans
03:28 Illustration calculation
06:46 Why should we make overpayments?
-----------------------
You can find my products and services on www.mamafurfur.com and www.projectjoy40.com
KEEP IN TOUCH:
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