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House Mortgage -- Countdown

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  • Originally posted by Randomsaver View Post
    Focused Debt : $13K
    Focused Debt : $10K
    Kill the debt, before it kills you!

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    • Unfortunately, it looks like our taxes (State and Federal) are going up next year since one child has hit 18 and both will graduate HS. Thus, some money that we were going to redirect to the mortgage will have to go into the Black Holes.

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      • Originally posted by Randomsaver View Post
        Focused Debt : $10K
        Focused Debt : $9K
        Kill the debt, before it kills you!

        Comment


        • Originally posted by Jluke View Post
          May 2016: $15,456
          June 2016: $7,393

          hopefully just 2 or 3 payments to $0 balance...

          Comment


          • Originally posted by Jluke View Post
            June 2016: $7,393

            hopefully just 2 or 3 payments to $0 balance...
            Kudos!!

            Ours is down to $10,763. Do you find yourself look for things to sell or ways to save even more or make extra cash? I do! I'm ready to sell the shirt off my back so I can be mortgage free!! It's so close that I've been actually dreaming about it

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            • Originally posted by Frugal_Cheap_Pants View Post
              Kudos!!

              Ours is down to $10,763. Do you find yourself look for things to sell or ways to save even more or make extra cash? I do! I'm ready to sell the shirt off my back so I can be mortgage free!! It's so close that I've been actually dreaming about it
              Thanks - this has been an exercise in patience for me, but this year I decided to pay it off as I have had enough cash to wipe it out. I've made 4 large lump sum payments and more than double monthly payments since summer 2015. When done it will be 94k (plus interest) paid in full since June 2013. We'll see if it was the right move years from now; I'm 39.

              Good luck to you on your quest to be mortgage free!

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              • $87,530

                JLuke thats awesome, I also hope to pay mine off this year just being very patient too! I am thinking I will make a lump sum payment in December to finish it off. Thats as long as everything goes good the rest of this year.

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                • Originally posted by Jluke View Post
                  June 2016: $7,393

                  hopefully just 2 or 3 payments to $0 balance...

                  That's GAZELLE INTENSE!!!!
                  Got debt?
                  www.mo-moneyman.com

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                  • Originally posted by Randomsaver View Post
                    Focused Debt : $9K
                    Focused Debt : $8K
                    Kill the debt, before it kills you!

                    Comment


                    • Mortgage Balance: $0.00

                      Time to start saving again...

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                      • Congratulations, Jluke.

                        When we payed off our mortgage four years ago, it did not feel like a big deal. However, I now feel a security and foundation that I had not felt before. It's good. Yeah.
                        "There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid

                        "It is easier to build strong children than to repair broken men." --Frederick Douglass

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                        • Originally posted by Jluke View Post
                          Mortgage Balance: $0.00

                          Time to start saving again...
                          A BIG Congratulations to you on your graduation at the Home Mortgage Countdown Academy.
                          Kill the debt, before it kills you!

                          Comment


                          • Originally posted by Frugal_Cheap_Pants View Post
                            Kudos!!

                            Ours is down to $10,763. Do you find yourself look for things to sell or ways to save even more or make extra cash? I do! I'm ready to sell the shirt off my back so I can be mortgage free!! It's so close that I've been actually dreaming about it
                            I was like that about our CC debt. Not so much about the mortgage, though.

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                            • Jliuke, adding my congratulations to others to see you declare yourself Mortgage Free

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                              • Congrats Jliuke!

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