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+--- Thread: Woot!! Woot!! Mortgage is paid off!! (/showthread.php?tid=189254)
Woot!! Woot!! Mortgage is paid off!! - DinerDave - 03-20-2016
We knew this was the last month of automatic deductions, but we just received the refund check for the unpaid out escrow dollars.
Still have the home equity loan, and the zero percent loan for the mini-split heat pump system, but hey, one step at a time here.
While there are many things I would like to do with the available cash, paying down credit cards, and the home equity will be a priority, as long as something doesn't hit the fan and cause a major expense.
Suddenly in a good mood, Dave
Re: Woot!! Woot!! Mortgage is paid off!! - Jack D. - 03-20-2016
Frakin-A yer out from under! Congratulations! I have just under 5 years left (if I live that long) myself.
Re: Woot!! Woot!! Mortgage is paid off!! - fmgtech - 03-20-2016
I only have ONE payment left on my 30 year mortgage. Of course there will still be insurance and taxes. Feels good.
Re: Woot!! Woot!! Mortgage is paid off!! - anonymouse1 - 03-20-2016
Congrats!
Re: Woot!! Woot!! Mortgage is paid off!! - SurfMacJpMtb - 03-20-2016
Congratulations! One step closer to financial independence.
Re: Woot!! Woot!! Mortgage is paid off!! - Don C - 03-20-2016
I finish up in December and eagerly anticipate the good feeling you are having today!
Congrats!
Re: Woot!! Woot!! Mortgage is paid off!! - sekker - 03-20-2016
Congrats to you and everyone else in this thread! That's fantastic.
(my wife and I still have more than 10 years, but that's only because we picked a 15 year mortgage when we did a refi).
Re: Woot!! Woot!! Mortgage is paid off!! - Buck - 03-20-2016
Big Congrats! I'm on the way myself with my coach Dave Ramsey.
Jealous. I wish I was there already.
Re: Woot!! Woot!! Mortgage is paid off!! - blooz - 03-20-2016
Congratulations!
Re: Woot!! Woot!! Mortgage is paid off!! - Filliam H. Muffman - 03-20-2016
It's a great feeling, but it used to be the single best deduction you could have. I would refi the house with a single short loan to pay off all the other loans.