5 Scary Mortgage Facts that Keep You Broke скачать в хорошем качестве

5 Scary Mortgage Facts that Keep You Broke

Think buying a house is the American dream? It can quickly become a financial nightmare...and in this video, I’m exposing 5 terrifying mortgage facts that banks, realtors, and even your friends won’t warn you about. These are things I wish someone had told me earlier. From how much you really pay over 30 years to why that mortgage interest deduction is probably doing nothing for you, today’s episode will make you rethink the true cost of homeownership in 2025. STUFF I RECOMMEND!* Personal Finance 🤑 Join me on the Webull App - get FREE stocks when you get started (limited time) ► https://a.webull.com/i/BobSharpe 📊 The Ultimate Transaction Register - track your budget the real way ► https://averagetoamazing.com/download... 💰 Seeking Alpha - get the best research tools to stay ahead in your stock and ETF research. Receive 50% off on a Premium Membership ► https://averagetoamazing.com/go/seeki... 💰 Track Your Dividends ► https://averagetoamazing.com/go/divid... 💳 Apply for an American Express Card with this link. We can both get rewarded if you're approved ► https://averagetoamazing.com/go/amex/ Saving Money & Grabbing Deals 💰 Get Legitimate Cash Back at Gas Stations, Restaurants, and More with Upside App (app is free to use!!) ► http://sweetlifesuccess.com/go/upside 📱Get a Discount on Mint Mobile and Pay Less for your Cell Phone Bill (I Save $2,000 a year!!) ► https://averagetoamazing.com/go/mintm... 📉 Scary Mortgage Facts I Cover: 1️⃣ You Pay for the House Twice (or More!) 2️⃣ You Don’t Own It – The Bank Does 3️⃣ Mortgage Interest Deduction = Mostly Useless for Most People 4️⃣ Escrow Can Explode – Taxes & Insurance Skyrocket 5️⃣ Buying Too Much House is Financial Cancer 🔥 PLUS: At the end of the video, I revisit the popular debate: Pay Off Mortgage Early vs Invest vs Half-and-Half (Halfsies) I fix a calculation error I made in my last video—and the new results? Even more compelling! 📊 I simulate 3 paths using real historical data: Investor Guy: Puts $500/month into S&P 500 (SPY) Mortgage Guy: Puts $500 extra toward mortgage until it’s gone, then invests Halfsies: Splits $250 toward mortgage + $250 toward investing And yes—I show you the exact math, timelines, interest paid, CAGR, and final balances. 📅 Chapters 00:00 – The American Dream… or Financial Nightmare? 00:13 – Why This Video Matters (Your Comments!) 00:52 – SCARY FACT #1: You Pay for the House TWICE 02:32 – Mortgage Interest = The Wealth Divide 03:17 – SCARY FACT #2: The Bank Owns It 04:31 – SCARY FACT #3: The Tax Deduction Lie 06:24 – SCARY FACT #4: Insurance & Taxes Skyrocket 07:40 – SCARY FACT #5: Buying Too Much = Financial Cancer 08:25 – Investing vs Paying Off Your Mortgage 10:06 – Who Wins: Investor vs Mortgage Payer vs Halfsies? 14:55 – Oops! Fixing My Math from Last Video 15:13 – Final Results & What I Learned 16:39 – Live Intentionally + What’s Next! 💬 COMMENT BELOW: Which mortgage strategy are YOU using right now? Do you plan to pay off early, invest, or try the half-and-half approach? Your comments inspire the next video—so don’t hold back! #mortgagefree #financialindependence #investing *Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.