09/01/2026
$375,000 house. $75,000 down. $300,000 financed at 6.25%. Payment $1,847.15.
Here's every way people are told to pay it off faster, and what each one actually costs.
Just make the payment.
30 years. 300k plus $364,975 in interest.
Make one extra payment a year.
24.6 years. 300k plus $287,703 in interest.
Pay biweekly instead of monthly.
24.4 years. $300k plus $284,706 in interest.
Put an extra $500 toward principal every single month, for as long as it takes.
17.6 years. 300k plus $195,074 in interest.
That last one is the best advice most people ever get. Seventeen and a half years of discipline, and you still hand the bank $195,000.
Now the same house, same rate, same day at the closing table.
A $237,500 fixed first and a $100,000 line of credit at 90% combined loan-to-value. $37,500 down instead of $75,000.
Professional Blend® CLB by Truth In Equity.
Pay off in 4 years and 5 months. $47,268 in total interest.
Against $500 a month for seventeen years: 13 years sooner. $147,806 less interest. Half the cash at closing.
That's not a projection. It's a schedule, and every figure on it can be checked by your own loan officer.
Full comparison, both sides: truthinequity.com/mortgage-structure-at-purchase/ 10k a month income 3k living expenses plus 500.00 per month taxes and insurance plus the mortgage payment is all factored in.