ilmscore | Prediction Details
"instead of sending $500 a month I want you to send in $250 every two weeks so now you're going to send in bi-weekly payments and this essentially going to end up being the same you're sending in $250 every 2 weeks or $500 over the course of every four weeks but now you're not going to pay off your debt in 112 months you're going to pay off your debt in just 95 months and now you're going to pay the same $30,000 of your principal balance which is what you owe but in the interest side of things instead of paying 25,800 you're only going to pay $21,200 so you're going to save over $4,500 in interest"
By Minority Mindset | January 7, 2024 | Pending
From video
This LOOPHOLE Lets You (Almost) NEVER Pay a Mortgage Bill Again 01:13:39 - 01:14:17
Interpreted Prediction
Making bi-weekly payments of $250 (instead of monthly payments of $500) on a $30,000 debt at 15% interest can save over $4,500 in interest and shorten the payoff time by 17 months.

Prediction Details

Topic
Debt Payoff Strategy - Bi-weekly Payments

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