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Episode notes:
Are you still paying PMI (Private Mortgage Insurance) on your mortgage? So was I! I figured out a way to eliminate it WITHOUT paying off the required 20% of my home loan... it took me under an hour and cost about $200 to implement, and I saved us $90/month over the next 6 or so years! If you bought your home at the right time and it makes sense for you to follow my steps, then give it a shot! Speak with your lender to discuss your specific situation to make sure an appraisal is a good option for you and your future financial goals... it certainly was for me!
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Free for you:
- My free Money For Dads Starter Kit, with 1) my amazing and simple budget template, 2) 11 money spending tips guaranteed to change your life, and 3) steps to collect unclaimed money in your name is also available at moneyfordads.com
- If you have a question you'd like to answer or discuss on a future podcast, submit it (by typing or recording a message for me) at www.moneyfordads.com/ask-a-question
- Free hourly wage and other calculators on my website, moneyfordads.com
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