Free at Last - Page 2

VincentVega · 02-12-2009, 10:57 AM

Nice work Jim

It's be a while for me:

Contractual Remaining Term 24 years

911Rob · 911Rob's Garage

Congrats..... but I'll share something with you guys:

A stress free life is WAY over rated!

Jim Richards · 02-12-2009, 12:04 PM

I don't know Rob, my work generally keeps my blood pressure from getting too low.

Chris...dayummm!

VincentVega · 02-12-2009, 12:25 PM

No kidding. If I keep my current payment it will be paid off in 13, but who knows I sure hope I move before then.

Jim Richards · 02-12-2009, 12:30 PM

Move onto your boat.

Aurel · Aurel's Garage

30 years left here, it`ll go fast

.

daepp · 02-12-2009, 01:07 PM

Mortgage free at 45. House and cars are paid for. Don't know about this so-called sleeping-well-at-night, but I don't worry about the house and cars!

therotman · 02-12-2009, 01:16 PM

Quote:

Originally Posted by Tim Hancock

Congrats.... I managed to get myself on that ship too several years ago. That on top of driving non-financed used cars, makes for relatively stress free sailing.

The car we financed that was built in Japan is stress-free.(now paid for)

It's the non-financed Audi that keeps me awake at night!

30+ years until I pay off my house; sold my house 2+ years ago- haven't bought a new one yet.

VincentVega · 02-12-2009, 01:20 PM

Quote:

Move onto your boat.

Very tempting...

Pearson 35, 14.5k

http://baltimore.craigslist.org/boa/1028847493.html

Dave L · 02-12-2009, 01:55 PM

9 years for me but I am planing to do it in 6 by putting in part of any bonus I get. Paid off by 40 is the plan.

bell · bell's Garage

congrats jim and lu

is this the house michelle and i visited?

Paul T · 02-12-2009, 03:22 PM

Congrats! I'm jealous of you guys with paid off mortgages in your 40's, heck I'm 40 and we just bought the place 3 yrs ago. Hope to payoff in less than 30, but still got a looong way to go!

sammyg2 · 02-12-2009, 03:25 PM

LOL we're signing the papers tonight to complete the refi on our house, 15 year loan at 4.5%.

Paying it all the way off is not a priority for me, with payments as low as a car payment I don't sweat it. We pay more for gas and insurance than we do the house.

billybek · billybek's Garage

It is about one year that we have been 100% debt free.
It is a nice feeling to know that all you have to do is keep the lights (and heat) on and keep the tax man satisfied.....
Congrats!!!

Hard-Deck · 02-12-2009, 03:33 PM

Congrats! I'm 40. Our house is paid for as well as three rental properties (not houses, boat slips) and by the time I retire in 8-10 years we will have zero debt; no autos, no student loans, nada. Can't wait. When I get there, please welcome me to the pasture.

Hard-Deck · 02-12-2009, 03:36 PM

Quote:

Originally Posted by Chris Martin

Very tempting...

Pearson 35, 14.5k

http://baltimore.craigslist.org/boa/1028847493.html

Wow, at this price, I'd buy two; one on each coast. One for Mexico and Hawaii, one for the BVIs.

Walter_Middie · Walter_Middie's Garage

So your 401K is shot, and now you are counting on your home value for retirement? Aren't realestate values still either going down, or expecting to go up really slowly for many many years? I am about to sell a house that I almost have paid off, and sink myself deep into a really nice house, in a nice neighborhood, in hopes that it will increase in value faster than the house I'm in now - once the economy improves. I'm 50, and don't plan on retiring for several years. I too look forward to paying the thing off, but where else can I put my investment money? I have people telling me that paying off the house is not the way to increase my net worth.

Jim Richards · 02-12-2009, 04:55 PM

Bell, we're in downtown DC now.

azasadny · azasadny's Garage

Congratulations!

bell · bell's Garage

Quote:

Originally Posted by Jim Richards

Bell, we're in downtown DC now.

michelle smacked me on the forehead and said i told her that a while back, guess it slipped my mind