- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: When to pay off the mortgage
Posted on 9/20/22 at 7:07 pm to Grinder
Posted on 9/20/22 at 7:07 pm to Grinder
I sleep 8+ hours a night no problem with most nights not waking up once. I have a mortgage. I put over 40k / year in retirement and another 15k or so in additional investments. I don’t put a penny extra towards my mortgage. Both of our vehicles are paid for one is 10 years old and the other 6 years old. I don’t understand the concept of having a mortgage as stressful. I could pay it off within a year if I really wanted to but I’m keeping it for the next 25 years. I keep the money in investments to grow I don’t keep it locked up in house equity. My home value has no correlation to if I have a mortgage or not so why put extra money towards it when I can have my money compounding in the market.
This post was edited on 9/20/22 at 7:10 pm
Posted on 9/20/22 at 8:07 pm to tigersfan1989
I don’t understand why having a mortgage creates stress.
And even once the mortgage is paid off, I’ll still have $15K+ in property taxes and insurance into perpetuity. The house is never “owned” outright.
And even once the mortgage is paid off, I’ll still have $15K+ in property taxes and insurance into perpetuity. The house is never “owned” outright.
Posted on 9/23/22 at 7:45 am to tigersfan1989
I agree - similar
Popular
Back to top
Follow TigerDroppings for LSU Football News