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How much longer left on your mortgage?

Forum Opinion Poll
ALL PAID!!!! 9 4.64%
Under 10 years 1 0.52%
10-20 years 11 5.67%
Over 20 years 143 73.71%
I rent 26 13.40%
Other 4 2.06%
 

How much longer left on your mortgage?

Posted By Message
Pages: 1 2 [3]

PeasandCarrots

Member since 5/07

9579 total posts

Name:
L

Re: How much longer left on your mortgage?

14yrs.....We did a 15yr mor

Posted 4/25/08 6:18 PM
 

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

Re: How much longer left on your mortgage?

29 years and 3 months Chat Icon Chat Icon Chat Icon

Posted 4/25/08 7:10 PM
 

anjerandunder
Positive thoughts worked!!!

Member since 6/06

1909 total posts

Name:
J

Re: How much longer left on your mortgage?

foreverChat Icon

Posted 4/25/08 7:34 PM
 

beautyq115
New Year!

Member since 5/05

13729 total posts

Name:
Me

Re: How much longer left on your mortgage?

I guess 29 years and a few months

Posted 4/25/08 7:39 PM
 

Babe49
M...

Member since 4/08

1880 total posts

Name:
Maria

Re: How much longer left on your mortgage?

29 Years exactly!

Posted 4/25/08 7:58 PM
 

Serendipity
Summer!

Member since 4/07

7631 total posts

Name:
PrayingWishingHopingALOT

Re: How much longer left on your mortgage?

Posted by NewYawkah

27 years officially, but I make an extra payment every once in a while and my credit card has a program where they send 1% of my yearly charges to my mortgage.

I own a condo so the mortgage really isn't that much anyway.



What credit card do you have???? that's awesome!!!!

Posted 4/25/08 10:31 PM
 

HelenZ
So worth the wait :)

Member since 10/07

2862 total posts

Name:
Helen

Re: How much longer left on your mortgage?

27 1/2 years Chat Icon

makes me wish we could sell & move away, it would be so awesome to not have a mortgage come baby making time. DH won't ever move though, so I can kiss that idea goodbye!

Posted 4/25/08 10:42 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: How much longer left on your mortgage?

probably about 22 years. We have been making additional payments to principal but I don't know exactly how that's affecting the time of the mortgage..I do know how much is left to pay though.

I don't plan on keeping this house so it's moot anyway..in the next 5 years I will probably move.

Posted 4/26/08 12:25 AM
 

Kathy042806
LIF Adult

Member since 5/06

1416 total posts

Name:
Kathy

Re: How much longer left on your mortgage?

Posted by niikki-8-18-06

Posted by Beth1210

Posted by julz33

Over 20, I think around 26. I wanted to pay it off sooner but DH said NO, bnecause we have a really low interest rate and because of the tax wright offs.



you save more in interest by paying 1 extra payment a year then you would ever save writing it off for that long

the first 5 years are mostly interest- after that- the write off is very small

on a 30 year fixed- you would save about 7 years

around here that would be about $100K

you aren't saving that on your taxes

I can recommend a great book if you want to prove it to him



We do the extra payment.



so do we...sometimes a little more than an extra payment, towards principal

Posted 4/26/08 6:04 AM
 

MadDogMrsT
Wishing & Hoping

Member since 1/08

1227 total posts

Name:
Here's Hoping

Re: How much longer left on your mortgage?

We have about 20 left Chat Icon

Posted 4/26/08 7:05 AM
 

Mrs. Patticakes
SPREAD KINDNESS

Member since 9/06

17330 total posts

Name:

Re: How much longer left on your mortgage?

30 years starting July 1st! Chat IconChat Icon Chat Icon

I definitely will be making an extra payment a year!

Message edited 4/27/2008 10:17:31 AM.

Posted 4/27/08 10:17 AM
 
Pages: 1 2 [3]
 

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