Small Pleasures. Ya Take'em Where You Can Get'em

BrotherBart Posted By BrotherBart, Feb 28, 2013 at 11:58 PM

  1. BrotherBart

    BrotherBart
    Hearth.com LLC Mid-Atlantic Division 2.
    NULL
    
    Staff Member

    Nov 18, 2005
    32,558
    9,725
    Loc:
    Northern Virginia
    The reminder on my computer reminded me at midnight that the house payment is due.

    The payoff check for the mortgage cleared yesterday. :)
     
    blacktail, n3pro, pen and 16 others like this.
  2. Hearth Mistress

    Hearth Mistress
    Minister of Fire 2.
    NULL
    

    Jan 24, 2012
    852
    616
    Loc:
    Pt Pleasant, PA (SE PA)
    Congratulations! I'm sooooo jealous! We have awhile to go still but can't wait for that last payment. We split our monthly payment, paying every two weeks so we get a few extra in a year. This way, our 30 year mortgage gets paid off in about 18 years instead. I only ever really realize it coming down when I'm doing our taxes and compare the year to year interest paid on our deductions.
     
  3. Jack Straw

    Jack Straw
    Minister of Fire 2.
    NULL
    

    Dec 22, 2008
    2,161
    1,327
    Loc:
    Schoharie County, N Y
    Congratulations! That's a big pleasure. We have about 20 months left, can't wait.
     
    ScotO likes this.
  4. firefighterjake

    firefighterjake
    Minister of Fire 2.
    NULL
    

    Jul 22, 2008
    17,195
    3,622
    Loc:
    Unity/Bangor, Maine
    New truck I purchased in 2010 should be paid off in June or July as I have been paying double payments every month for some time now . . . and rounding up which has put money against the principal.

    House should be paid off in another four years or so.

    Fiscal responsibility . . . it's a good thing . . . not sure why the government cannot figure it out when this country bumpkin in Maine can figure out what works and what doesn't.
     
    ScotO and Hearth Mistress like this.
  5. bubbasdad

    bubbasdad
    Burning Hunk 2.
    NULL
    

    Feb 12, 2012
    103
    38
    Loc:
    Howell, Michigan.

    Congrats!! I think the benefit is more a peace of mind than financial. It's a real sense of freedom.
     
    ScotO likes this.
  6. stoveguy2esw

    stoveguy2esw
    Minister of Fire 2.
    NULL
    

    Nov 14, 2006
    6,171
    1,089
    Loc:
    madison hgts. va
    mortgage paid off! major milestone, shame you lose the tax deduction on the interest lol
     
  7. bmblank

    bmblank
    Minister of Fire 2.
    NULL
    

    Jan 17, 2013
    698
    257
    Loc:
    Michigan
    I'll be getting a brand new 30 mortgage shortly to make up for any that are paid off. Sadly, I'm looking forward to it. It'll be nice to have a little walking around money again instead of all loose change going into the building of the house.
     
    ScotO likes this.
  8. JustWood

    JustWood
    Minister of Fire 2.
    NULL
    

    Aug 14, 2007
    3,596
    505
    Loc:
    Arrow Bridge,NY
    Congrats BB !
    Paid mine off in my late 20's.
    Great feeling being debt free or close to it.
     
    ScotO likes this.
  9. Dairyman

    Dairyman
    Minister of Fire 2.
    NULL
    

    Nov 15, 2011
    583
    286
    Loc:
    Southwest MO
    That's great BB! What are you going to do with the extra cash, buy a better beer?;lol
     
    Jack Fate likes this.
  10. BrotherBart

    BrotherBart
    Hearth.com LLC Mid-Atlantic Division 2.
    NULL
    
    Staff Member

    Nov 18, 2005
    32,558
    9,725
    Loc:
    Northern Virginia
    There is no better beer.
     
    LEES WOOD-CO and Dairyman like this.
  11. nate379

    nate379
    Guest 2.
    NULL
    

    Everytime I look at mine I get depression! Been paying for almost 5 years and have barely knock 10k off.
     
  12. PapaDave

    PapaDave
    Minister of Fire 2.
    NULL
    

    Feb 23, 2008
    5,740
    2,220
    Loc:
    Northern MI - in the mitten
    Well, I bet that feels good, BB.
    First 5 years or so goes to interest, it seems.
    We finally noticed a slight shift in interest/principle this year, after being here since '06.
     
  13. Flatbedford

    Flatbedford
    Minister of Fire 2.
    NULL
    

    Mar 17, 2009
    5,259
    1,263
    Loc:
    Croton-on-Hudson, suburbs of NYC
    That's great! I'm about 9 1/2 years into a 30 year. Must be a good feeling.
     
  14. 343amc

    343amc
    Feeling the Heat 2.
    NULL
    

    Nov 23, 2005
    375
    181
    Loc:
    West Michigan
    Congrats. Four more years for me before I can have a 'burn the mortgage papers' party.
     
    raybonz and PapaDave like this.
  15. ScotO

    ScotO
    Guest 2.
    NULL
    

    That has to feel great, BB. Contgratulations! Wifey's 2008 Dodge Grand Caravan will be paid off in 4 months, my car and truck is paid for, the house will be paid off in 8 years but we still owe 12 years on the home equity loan we got to renovate/add an addition. I think we're gonna refinance in a month or so as we'd be saving almost half of what we are paying, we'll keep paying what we do now and put that extra towards the principle.....that should have us totally paid off in around 8 years..........
     
    woodgeek, 343amc and PapaDave like this.
  16. Stax

    Stax
    Minister of Fire 2.
    NULL
    

    Dec 22, 2010
    944
    305
    Loc:
    Southeastern PA
    Congrats BB! That is a huge accomplishment. I don't know about you...but I think I would like my house that much more now that it is paid off.
     
  17. Swedishchef

    Swedishchef
    Minister of Fire 2.
    NULL
    

    Jan 17, 2010
    3,241
    683
    Loc:
    Quebec, Canada
    COngrats BB! That must be a great feeling. Feel free to contribute to mine. :D

    Andrew
     
  18. NortheastAl

    NortheastAl
    Minister of Fire 2.
    NULL
    

    Dec 30, 2012
    676
    389
    Loc:
    Putnam, NY
    Congrats BB! Another step closer towards freedom. We'll still be enslaved for many a year. The first mortgage will be done in four years, then the equity loan gets heavily worked on. Shoulda never done the equity thing now that I look back.

    Enjoy the extra jingle in your pocket at the end of the month. Might be time for a new stove, eh?
     
  19. Adios Pantalones

    Adios Pantalones
    Minister of Fire 2.
    NULL
    

    May 20, 2008
    6,587
    1,421
    Loc:
    S.NH- Mass's smoking section
    Hellz yeah bro. Small pleasure my scrawny white butt- it's a game changer.
     
    PapaDave likes this.
  20. Jags

    Jags
    Moderate Moderator 2.
    NULL
    
    Staff Member

    Aug 2, 2006
    17,309
    5,951
    Loc:
    Northern IL
    Agreed (well, not about the scrawny white butt part).

    If it wasn't for the fact that I make more profit from investing the extra cash than my interest costs me, I would gut the house payment.
     
  21. begreen

    begreen
    Mooderator 2.
    NULL
    
    Staff Member

    Nov 18, 2005
    61,597
    7,875
    Loc:
    South Puget Sound, WA
    Congratulation Bart. One of the greatest freedoms in this world is debt freedom.
     
  22. BrotherBart

    BrotherBart
    Hearth.com LLC Mid-Atlantic Division 2.
    NULL
    
    Staff Member

    Nov 18, 2005
    32,558
    9,725
    Loc:
    Northern Virginia
    Now I get to pony up for the new roof. <>
     
  23. Jack Straw

    Jack Straw
    Minister of Fire 2.
    NULL
    

    Dec 22, 2008
    2,161
    1,327
    Loc:
    Schoharie County, N Y
    Seems to be code around here
    [​IMG]
     
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  24. Seasoned Oak

    Seasoned Oak
    Minister of Fire 2.
    NULL
    

    Oct 17, 2008
    4,455
    776
    Loc:
    Eastern Central PA
    So bb How do you plan to celebrate.? Burn the last Pmt stub in the wood stove.? Easy on the wild stuff, hookers and whiskey and such
     
  25. Seasoned Oak

    Seasoned Oak
    Minister of Fire 2.
    NULL
    

    Oct 17, 2008
    4,455
    776
    Loc:
    Eastern Central PA
    BB Being the supreme knowledge base of all things englander, have you ever had the air tubes glow cherry red. First time for me today,windy and cold out with a wicked strong draft. Air was shut down almost all the way. Was wonderin if anyone else experienced that with their 30.
     

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