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re: House note vs car note

Posted on 2/28/21 at 6:13 pm to
Posted by GCTigahs
Member since Oct 2014
2051 posts
Posted on 2/28/21 at 6:13 pm to
The 80k would represent about 50% of our current cash savings. We recently sold a rental so that’s the reason for our abnormally high to us savings. The mortgage is a 15yr note that we originally took out in 08 but refinanced twice since the purchase. We like the psychological effect of having little to no debt. I’m mid 40’s, wife early 40’s and I’d love to leave the rat race between 55-60. Currently in my 24th yr with the same company.
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