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re: Question about paying off a house loan
Posted on 1/25/13 at 12:31 pm to LSUzealot
Posted on 1/25/13 at 12:31 pm to LSUzealot
When did you buy the home? How much did you buy it for and what is the current estimated value? 3.75 is a great rate. Do you want to continue living there or looking to move soon?
Posted on 1/25/13 at 12:33 pm to BigAppleTiger
2 years ago for cheap. It's a small condo that went as a short sale. I honestly will likely move out before the year is over but will rent it out as I want to keep it bc of the great value.
Did a 10 year loan so I'm still paying heavy interest vs principal. I think I paid out $1,500 in interest alone this year.
Bought it for 65k. Recently a 1 bedroom sold for 75. 2 are on the market now for 90.
Did a 10 year loan so I'm still paying heavy interest vs principal. I think I paid out $1,500 in interest alone this year.
Bought it for 65k. Recently a 1 bedroom sold for 75. 2 are on the market now for 90.
This post was edited on 1/25/13 at 12:35 pm
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