Debt Reduction & Money Management Discussions on debt reduction, credit cards, consolidation, debt free living, and money. Snowballing debt, paying yourself first, and money management.
#1 permalink
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How much longer to pay on your mortgage?
How much longer do you have to pay on your mortgage?
We purchased our home and paid cash for it so we don't have a mortgage, thank goodness.
You?
#2 permalink
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Join Date: Mar 2002
Location: In the place we love most-home.
Age: 32
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O, wow, we have 18 years left!
Of course, we just bought in 2001. Dh and I are young-23 & 24, so we won't be old, at least.
#3 permalink
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Location: Upstate NY
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A little under 5 years.
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~~ Dee ~~ 8 Years Cancer FREE!
Married to my sweetie, Jack
25 yrs.
Mama to
27 furbaby 'Katz' (as my hubby calls them LOL)
Nicky, Snowy, Olga, Ralphie, Sidney, Oliver, Fonz, Audra, Hoss, Peanut, Madeline, Tigger, Alice, Poppy,Teddy Bear, Mittens, Conan, Sherman, Trapper, Radar, Maxie, Annie, Rocky, Kali (AKA P.I.T.A), Jethro, Chewy Lewy, and Chance!
Don't forget to do self examinations monthly and have regular mammograms!
#4 permalink
FV Buddy aka Kellie Bob
Join Date: Oct 2001
Location: New Jersey, USA
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We bought last year, so on paper we have 14 years left, we will probably be done in 9.
#5 permalink
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Join Date: Nov 2002
Location: Georgia
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We refinanced last summer for 15 years and are prepaying an additional principal payment each month. At this rate we will payoff our mortgage in 7 years. (THat would be so fantastic)
#6 permalink
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Join Date: Apr 2002
Location: NH
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I think we have forever and a day left.....
#7 permalink
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Join Date: Apr 2002
Location: Texas
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We paid our mortgage off early using the snowball method. If anyone has any questions regarding this I would be happy to 'splain.
#8 permalink
sunshine
is trying to find the "new normal"
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Location: central midwest
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We have a little less than 3 years on our house/land in town, and 11 years on our house in the country.
#9 permalink
Tourist
Join Date: Dec 2002
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We paid off our mortgage early, by making double payments when we could.
#10 permalink
Spendthrift Guru aka KarlaBob
Join Date: Jan 2002
Location: Idaho
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24 years but hope to pay it off sooner.
#11 permalink
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Join Date: Oct 2002
Location: USA.
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we have about two years left. Our house will be paid off within a few months of my husband retiring from the military.
#12 permalink
Mom23boys
is taking things one day at a time.
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15 years. I hope we can pay it off sooner than that. I do apply more to the monthly payment than I am suppose to. I hope this cuts off a few years.
__________________
~*Michelle*~
~Wife to Rick since Dec. 19, 1986~
~Mother to Richard, 23, Chris, 20, and Dakota, 17~
~Mother-in-law to Amber, wife of Richard~
~Elementary Teacher~
#13 permalink
Moderator aka AmyBob
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29 more years...whooooooo-hoooooooo! Actually, with the refinancing, our payments are lower, and we got some cash back so we can make some improvements and hopefully sell before 29 years and make a nice little profit.
#14 permalink
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13 years. Hopefully I can pay it off sooner.
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No spend challenge: 7/29
#15 permalink
Darlene
is thankful for all the wonderful people in her
life.
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Our 15yr. mortgage was paid off in 10yrs.
Anytime we had some extra $$ it went towards the paying down the principal.
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~*Darlene*~
Live Well~LaughOften~Love Much
"Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around."
Leo Buscaglia
2012 Challenges Books Read: 16
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How much longer to pay on your mortgage?
Of course, we just bought in 2001. Dh and I are young-23 & 24, so we won't be old, at least. 
25 yrs.
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