How much our extra mortgage payments have saved us!

@katierainee

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Why it worked

The video provides a tangible, relatable financial update that resonates with viewers interested in personal finance and debt reduction. The creator's personal preference for being debt-free, even when market returns might be higher, offers a unique perspective that can spark discussion and engagement.

Summary

The creator shares an update on their progress paying off their mortgage early by making extra payments. They reveal that they have paid down an additional $56,589.19 in principal, reducing their loan term by 87 months and accelerating their payoff date significantly.

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Transcript, structure and on-screen text

6 beats, a 415-word transcript and 8 lines of on-screen text — the parts you need to write your own version.

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Original caption

We’re trying to pay off our 30 year mortgage in less than 10 years and here’s how much we’ve done so far! #debtfree #debtpayoff #mortgage #mortgagepayment #frugal