- 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
How old were you when you finally paid off your house (i.e., owned it free and clear)?
Posted on 11/7/24 at 10:44 am
Posted on 11/7/24 at 10:44 am
(no message)
60
Posted on 11/7/24 at 10:44 am to North Dallas Tiger
How about you answer the question first, fig.
Posted on 11/7/24 at 10:45 am to North Dallas Tiger
I was one year away. Then we decided to drop a half mill on a new one. D’oh.
Posted on 11/7/24 at 10:45 am to North Dallas Tiger
100
Posted on 11/7/24 at 10:45 am to North Dallas Tiger
With the interest rate i have right now the answer is whenever the final payment is due.
Posted on 11/7/24 at 10:46 am to LSU Grad Alabama Fan
quote:
How about you answer the question first, fig.
quote:lulz
Posted by LSU Grad Alabama Fan
This post was edited on 11/7/24 at 10:46 am
Posted on 11/7/24 at 10:46 am to North Dallas Tiger
33, it was a dumb decision financially. It does feel good though. But it would be been so much better putting it in the market.
And, still have to budget for taxes and insurance.
And, still have to budget for taxes and insurance.
Posted on 11/7/24 at 10:48 am to North Dallas Tiger
70
Posted on 11/7/24 at 10:48 am to North Dallas Tiger
We have about 8-9 years left on ours so I'll be mid 50s.
Our first house didn't work out so well financially. We bought in 2005 when prices were high and needed to move in 2012 when they were still lower from the housing collapse. We sold it for less than we paid for it.
Our first house didn't work out so well financially. We bought in 2005 when prices were high and needed to move in 2012 when they were still lower from the housing collapse. We sold it for less than we paid for it.
This post was edited on 11/7/24 at 10:49 am
Posted on 11/7/24 at 10:49 am to Billy Blanks
quote:
But it would be been so much better putting it in the market.
In hindsight sure. You would have been even better putting in Bitcoin.
Posted on 11/7/24 at 10:49 am to OysterPoBoy
go look for refinancing leads somewhere else
Posted on 11/7/24 at 10:52 am to North Dallas Tiger
33 - thanks to the proceeds from the sale of a family business. Without that we were on track to pay off by the time i would be 43. Our interest rate wasn't terrible at the time but it was more of a peace of mind thing.....however, property taxes and insurance remind me every year that we'll never actually "own" our house.
Posted on 11/7/24 at 10:53 am to North Dallas Tiger
47
best decision Ive ever made
best decision Ive ever made
Posted on 11/7/24 at 10:54 am to North Dallas Tiger
35 (had a 15 year note) but paid it off early after Katrina settlement, did a lot of the work ourselves.
This post was edited on 11/7/24 at 11:04 am
Posted on 11/7/24 at 11:03 am to cgrand
quote:I would actually say that putting a major lump sum of cash into paying down my mortgage was one of the worst decisions of my life financially.
47 best decision Ive ever made
Posted on 11/7/24 at 11:07 am to North Dallas Tiger
OT Poor checking in. I'm halfway there. Got 15 more years to go on a fixed-rate 30-year mortgage and I'm making extra payments every chance I get. I'll be 67 when that happens. 
Posted on 11/7/24 at 11:09 am to beaverfever
quote:
beaverfever
I would actually say that putting a major lump sum of cash into paying down my mortgage was one of the worst decisions of my life financially.
ok...Tell us more!
Posted on 11/7/24 at 11:11 am to North Dallas Tiger
With property taxes do you ever own it free and clear?
Posted on 11/7/24 at 11:14 am to Major Dutch Schaefer
quote:technically no
With property taxes do you ever own it free and clear?
Posted on 11/7/24 at 11:16 am to North Dallas Tiger
I had a 3.1% on a 15 year when I bought a house. Just finished paying it off. We could have paid it off sooner, but we were making much more on our money than the interest was hurting us.
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News