Birdwatch Archive

Birdwatch Note Rating

2024-07-12 21:53:16 UTC - HELPFUL

Rated by Participant: F64AF1FC64BE7738E5EDD222634E9ED100B96818457B32B04CB8E6807D9F01DC
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Original Note:

This is misleading. While making an extra mortgage payment every year does significantly reduce the timeline on your mortgage it does not reduce it by 13 years rather by 5 or 6 years. https://movement.com/blog/2023/06/save-big-just-one-extra-mortgage-payment-every-year#:~:text=As%20a%20general%20rule%20of,26%20years%20instead%20of%2030. https://www.thepennyhoarder.com/debt/one-extra-mortgage-payment-a-year/

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Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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