I hit a milestone today----I paid off the mortgage

[Peter Parker]

As the title indicates I paid the darned thing off. It was 7 years early but I refied twice and used equity to do things like send kids to college and the whole process took 20 years. I still have a car loan but at 1.79% it is at a lower rate than the mortgage (even considering taxes)

After that is paid off (I predict November) the wife gets a car and we redo the kitchen. Clearly I will not be debt free forever but Ia m enjoying this payoff while I can.

 

[Bobby]

Congratulations Chief! I doubt that I will ever get there but it's cool to hear that others do......

 

[Ilya]

Congrats! Now you are officially the homeowner!

Sent from my iPad 3 using SatelliteGuys

 

[dishMIKE]

That's Fantastic! It is such a Good Feeling!!!

 

[Tampa8]

HUGE Congratulations!!

 

[Stargazer]

Congrats. The American Dream, to actually own your home.

 

[KE4EST]

Congrats!!

 

[madmadworld]

to the club
nice to NOT write out that check every month.

 

[Annie61]

Congratulations!!! !!!!!

 

[Rey]

that is very huge! congrats!

 

[Ramy]

Very nice.

 

[Paul Wozniak]

I was there once, will never be there again. Congratulations!!!

 

[the mack]

Well Done! I can only hope the market comes back close to what I owe.....Enjoy!

 

[Dah-Henny]

Congrats!!!
In 8 years, I hope to say the same thing.

 

[primestar31]

Good job!

Don't forget to keep saving up to pay your property taxes... Don't let them foreclose because of that. It happens more than you'd think.

 

[whitewolf8214]

Big Congratulations Geronimo!!

 

[Peter Parker]

Good job!

Don't forget to keep saving up to pay your property taxes... Don't let them foreclose because of that. It happens more than you'd think.

When I get my escrow check in another 1-2 weeks that will be the foundation of my own private escrow. Although my county offers montly payments of my property tax if I choose to go that way.

 

[stardust3]

Thankfully my property taxes are low, less than $500 a year. If it came down to it I could peddle some junk at the flea markets in a couple of weekends to cover it.

Congratulations Geronimo, I'm sure it's a great feeling.

My mortgage has about 10 years left. It would have been paid off long ago if we didn't refinance 2x in the past 20 yrs. I won't ever buy another old house that needs everything. Thankfully it's done, at least as much as I plan on doing to it.

 

[kittyhas1000legs]

Good job... the fiancee and I are still trying to save up for a down payment.

 

[Magic Static]

Congrats!! Looking forward to that myself. I got 22 more payments, if I don't get greedy and pay it quicker.