Real examples of someone paying off their mortgage and HELOC faster.
Hi, I am looking for examples of real people who have charted the amount of years that it took to pay off their primary mortgage faster. A mortgage broker told me that I could pay off my primary residence in 3 to 4 years and spent another five years paying off the HELOC. I have about $10,000 in rental income and about 1500 of it is cash flow. Primary mortgage balance has $374,000 left and the value is $575,000.