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Model Citizen
Join Date: May 2007
Location: The Voodoo Lounge
Posts: 19,491
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When I was paying the mortgage off early on my first house, I would enclose a note with the check with something like:
$XX for original loan amount
$XX for PRINCIPAL ONLY.
(and I also repeated that message on the check.
I kept a miser's eye on the balances and the only time it didn't work in my favor was when the loan was sold - the old and new mortgage companies just pointed at each other when the extra went into escrow instead of paying down the note... (yes, I was angry, and it caused me to double (redouble?) my efforts to rid myself of a mortgage.)
I was more anal about this than anything I have ever done before or since.
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"I would be a tone-deaf heathen if I didn't call the engine astounding. If it had been invented solely to make noise, there would be shrines to it in Rome"
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