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Ep. 60 - Overpaying on Debt (15 vs. 30-Year Loan)
Many people are trying to get debt paid off as soon as they can, but is that the best way to utilize money? In this episode, I go over why we may not want to overpay debt, why a 30-year mortgage may be better than a 15-year mortgage, and when is a good time to overpay and get debt paid down before starting an IBC policy.
Audio Production by Podsworth Media.
View all episodes
By Mary Jo Irmen
4.8
246246 ratings
Many people are trying to get debt paid off as soon as they can, but is that the best way to utilize money? In this episode, I go over why we may not want to overpay debt, why a 30-year mortgage may be better than a 15-year mortgage, and when is a good time to overpay and get debt paid down before starting an IBC policy.
Audio Production by Podsworth Media.
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