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re: Never pay off your house?

Posted on 3/10/09 at 12:19 pm to
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2828 posts
Posted on 3/10/09 at 12:19 pm to
I told my wife she could quit working when we got the house mortgage paid off. I think I’ll refi for another 30 year loan.

Just kidding – we are in the process of refinancing for 15 years. My retirement game plan calls for a paid off house with only tax, insurance, maintenance, and utilities. Looks like I can get 4.5% but having to pay 1 point.
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