how many years is your mortgage?

[dice]

Ours is 25 years

25 wonderful years...sighhh

[bct]

mine is actually 30 years but Im hoping to have it paid off in 25 years...

[Lyricb]

We did ours for 30, but pay extra every month. We don't expect to be here 30 full years though, but didn't want the higher payment of a 15 year loan.

[taiarain]

20 years. We put a pittance extra every month, but I really am focusing on paying down our consumer debt. Once I get that down, I expect to shave some time off the mortgage.

Taia

[Lyricb]

Yeah Taia, that's the best way to do it. It's much better to put money towards your consumer debt first, before attacking the mortgage.

[r8rpwr]

We have two loans - one is 30 and one 15.

[taiarain]

Originally Posted by Lyricb

Yeah Taia, that's the best way to do it. It's much better to put money towards your consumer debt first, before attacking the mortgage.

Playing the balance transfer game is keeping our cc interest at or near 0%, but it makes more sense to just get rid of it, especially given the amount of progress we can make when we are barely paying any interest at all.

Once it's gone, the money going into it can be split between savings, paying down the mortgage, and college funding for the kids.

Taia

[OneofaKind]

Mine is 25 years. 3 gone, 22 to go unless I'm able to make a bulk payment at some point

[ferby03]

Ours is twenty years and it feels like forever!

My mom got her house at 10 years and she will have it paid off next year. Lucky her!

[poorgirl]

We had a 30 and had 25 left. We frinanced last year to a 15. Now we have 14 left. Can almost tast the ownership. YEAH I will own my house by the time I am 40. Then it's traveling time. world here I come. WAHOO!!!