Should You Pay Off Your Mortgage Early? Pros and Cons Explained, 2023. Lara Joanna Jarvis.
YouTube Viewers YouTube Viewers
74.7K subscribers
14,748 views
0

 Published On Jun 1, 2023

In this video, I discuss the pros and cons of paying off your mortgage early and some of my opinions around this important financial decision. As a homeowner in the UK, you may be wondering if it's the right move for you, especially where mortgage interest rates are rising so quickly...

Link mentioned:
Do you want to get free shares worth up to £100?
Join with my link, and we will both get free shares.

https://www.trading212.com/invite/Fff...

Search Budget Best Life on fb to join our community x

Financial well-being videos you might like:

   • Budgeting and No Buy Year  

Money mindset, budgeting and money saving videos
   • Budgeting, Saving Money, Money Mindse...  

We'll explore the financial benefits of paying off mortgage early, potential drawbacks, and important factors to consider to help make an informed decision about your mortgage strategy. Let me know if you'd like a further video around paying off mortgage early strategies, how to be mortgage free etc.

In this video we're going to discuss:
The financial benefits and potential drawbacks of paying off your mortgage early.
How paying off your mortgage early can provide financial freedom and peace of mind.
Understanding the potential interest savings and increased equity that come with early mortgage repayment.
Exploring the opportunity cost and lost tax advantages associated with paying off your mortgage early.
To consider future interest rate considerations and the impact on your overall mortgage strategy.

As always - you need to do your own financial research to see if paying off your mortgage early is the best thing for your personal financial situation, so make sure you instruct a financial expert or mortgage advisor for impartial advice. I am not a financial advisor nor a mortgage advisor :)

My Amazon store is linked for you here with everything I recommend for home, storage, fashion, skincare, cleaning, travel and more
https://www.amazon.co.uk/shop/larajoa...

You may like my budgeting tips and money saving ideas videos -
   • Budgeting and No Buy Year  

I have loads of free budgeting printables over on my website if you'd like to get a free sheet to help you with budgeting just go to my website https://larajoannajarvis.com and head to the "shop" :)

♡ S O C I A L M E D I A ♡
Come and find me on Instagram if you want to see things like my budget outfit ideas, ways to make your money go further and more of what I get up to. www.instagram.com/larajoannajarvis

My Budget Best Life FB Group is free to join and is a really supportive community of budget friendly people!

Lots of love, Lara x

All of my music is from Epidemic Sound:
https://www.epidemicsound.com/referra...

The links above could be affiliate links, which means if I have inspired you to make a purchase and you choose to buy something through one of these links, I may receive a small commission on the sale, as a way of thanks. It makes no difference to you as a buyer or the cost you pay, but I may receive a small compensation from the brand via rewardStyle or Amazon etc.

The information discussed on this channel is for educational & entertainment purposes only. It should not be considered advice. Please do your own research and I encourage you to seek professional tax, legal, and financial advice, before making your own actions and decisions.

All notes believed to be accurate at the time of posting but not guaranteed.

show more

Share/Embed