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When did you buy your house? When will it be paid off?

Posted on 2/23/16 at 10:32 am
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16854 posts
Posted on 2/23/16 at 10:32 am
Mine in 07. Hopefully in 2020. Seems like forever this mortgage.
This post was edited on 2/23/16 at 10:39 am
Posted by Zach
Gizmonic Institute
Member since May 2005
112456 posts
Posted on 2/23/16 at 10:39 am to
I bought my house in 1996 for 300K. I paid it off in 2009. But I had a large down payment from the sale of my previous home. I can't remember the amount of the net loan.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 2/23/16 at 10:41 am to
Bought 2009

Hopefully around 2030 or so.
Posted by TigerSaints318
Shreveport
Member since Dec 2009
1797 posts
Posted on 2/23/16 at 10:44 am to
Bought in 2015, signed a 30 year, I expect I'll have it paid in 20.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72615 posts
Posted on 2/23/16 at 10:44 am to
mine is paid off. paid it off in 18 years. If i would have thought then like i do now i would have had it paid off in about 12 or 13 years. Looking back that would have been the best i could have done based on my income at that time, regardless of the fact if i was making then what i make now i would have had it paid off in 2 or 3 years. oh well. better late than never!

Posted by LSUFanHouston
NOLA
Member since Jul 2009
37081 posts
Posted on 2/23/16 at 10:48 am to
Bought in 2015. 30 year mortgage at 3.75%. trying to pay off in 15. Rates are so low, I wonder if that is best, but I really hate the idea of a mortgage and love the idea of owning the house free and clear.
Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 2/23/16 at 10:54 am to
I doubt I ever pay a house off and if I do I'm going buy another one
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11423 posts
Posted on 2/23/16 at 11:02 am to
bought 1990

paid off 2015
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 2/23/16 at 11:02 am to
Bought my house last summer, don't plan on paying it off. I'll probably sell it next summer. Hopefully I can go overseas for a year or two after I sell it.
Posted by Odinson
Asgard
Member since Apr 2014
2752 posts
Posted on 2/23/16 at 11:18 am to
Built it in 2005. Paid off 2014. Looking to sell it and build again next year.
Posted by Displaced
Member since Dec 2011
32711 posts
Posted on 2/23/16 at 11:35 am to
this past friday.


i have no idea when i will pay it off
Posted by Pilot Tiger
North Carolina
Member since Nov 2005
73144 posts
Posted on 2/23/16 at 11:37 am to
Bought in 2012. Will probably sell it this year
Posted by barry
Location, Location, Location
Member since Aug 2006
50341 posts
Posted on 2/23/16 at 11:41 am to
quote:

I doubt I ever pay a house off and if I do I'm going buy another one

Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 2/23/16 at 11:42 am to
Bought in 2002
Probably wouldn't be paid off until 2025 or so. We haven't been very aggressive paying down the principal. But we've been talking about selling and moving, so who knows.
Posted by Salmon
On the trails
Member since Feb 2008
83556 posts
Posted on 2/23/16 at 11:50 am to
bought our house in 2010 and will go the length of the loan if we stay in it that long

no reason to pay off 3.25% IR
Posted by Powerman
Member since Jan 2004
162217 posts
Posted on 2/23/16 at 1:33 pm to
Bought in April 2015. No plans of paying off early at the moment.

If I wanted to get aggressive about paying it off I could probably do it in 6-8 years.
Posted by bayoudude
Member since Dec 2007
24954 posts
Posted on 2/23/16 at 2:31 pm to
Bought in 2005 paid it off 2014
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1539 posts
Posted on 2/23/16 at 3:13 pm to
Bought in 2009, plan to sell in 2020 and build forever home with a large down payment.
Posted by ItNeverRains
37069
Member since Oct 2007
25438 posts
Posted on 2/23/16 at 5:05 pm to
quote:

I doubt I ever pay a house off and if I do I'm going buy another one



In no hurry to pay off 3% money of which I write off a large portion at tax time.
Posted by TigerDeBaiter
Member since Dec 2010
10262 posts
Posted on 2/23/16 at 5:08 pm to
Bought 2nd house last year. It'll get "paid off" (by the bank) when I sell it in 3-5 years.

So, never.
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