Aggie Posted August 13, 2009 Share Posted August 13, 2009 That's great!! Are you going to have a note-burning? Quote Link to comment Share on other sites More sharing options...
Nestof3 Posted August 13, 2009 Author Share Posted August 13, 2009 CONGRATULATIONS, DAWN!!! That's wonderful! Now, how did you do it so quickly - the last time you wrote about this it was going to be next year sometime. What happened????? I did read the Dave Ramsey books, and they did inspire us. My husband has lived here for 21 years, so really the house was paid off 9 years earlier than the original 30 year mortgage. We refinanced to a 10 year mortgage in 2004 but paid off the remaining in 5 years. Housing was pretty low when my husband bought it in the 80's. We started by putting an extra $100 a month on it. Our mortgage was rather low anyway (a little over $600), and it is a small house (1,100 sq ft). As time progressed, and as we paid other things off (including the van), we took whatever we had been paying on _________ and put it on the house. We have put off our Disney vacation several times and have truly just learned to be content in a small house. Most people would have upgraded at least once, and we have been tempted to do so, but my husband is 50 now, and I honestly don't want to burden him with a mortgage when he is in his 60's. We tried not to increase our standard of living as our income increased. Thanks all! Quote Link to comment Share on other sites More sharing options...
Nestof3 Posted August 13, 2009 Author Share Posted August 13, 2009 That's great!! Are you going to have a note-burning? This reminds me of the Waltons episode we watched, and we have talked about it. :D Quote Link to comment Share on other sites More sharing options...
calledtobehome Posted August 13, 2009 Share Posted August 13, 2009 Wonderful news! There is hope for me after all!:cheers2: :party: Quote Link to comment Share on other sites More sharing options...
AngieW in Texas Posted August 13, 2009 Share Posted August 13, 2009 We just refininanced to a 15-year note last month. We're looking forward to paying off our house in 15 years. Refinancing raised our monthly payment by just $100, but cut 9 years off our loan. Quote Link to comment Share on other sites More sharing options...
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