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Registered
Join Date: Nov 2003
Location: South West Florida
Posts: 2,527
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I paid off my current mortgage in 4 years. It was a 15yr loan and I just paid extra every chance I had. I had one of those loan calculators and would plug in when I paid extra. It was a great motivator to see the reduction in total interest to be paid. This was not my first house and so I rolled all my equity from my last house into this one.
When I would get my payment notice from the loan holder, there was a line where I could add extra to be paid on the principle. It also stated each month the balance that was owed.
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2000 Boxster S (gone)
1972 911s Targa (sold)
1971 911t coupe roller (sold)
1973 911t coupe / 3.2 (sold)
Gruppe B #057
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