17 years . . .

iVillage Member
Registered: 04-10-2003
17 years . . .
5
Tue, 02-19-2013 - 10:04am

I checked my mortgage today and as of this moment I am down to 17 years owing. Not bad considering that I refinanced at 20 years 8 months ago! Go accelerated bi-weekly payments go!


Bex -

iVillage Member
Registered: 11-14-2008
Tue, 02-19-2013 - 11:52am

17 years, nice. I am jealous. We haven't even built our house yet that will likely have a 25 year mortgage on it lol. Go accelerated payments!

iVillage Member
Registered: 10-09-1999
Wed, 02-20-2013 - 1:10pm

wow, great job in only 8 mths time!  We are trying to pay off ours in 21 more mths...this is reliant on a couple bonuses but we are under $44,000...& i love throwing extra money at it.  We have $ set aside for a new roof this spring, I'm hoping it comes in under our estimate then we could throw any extra at the mortgage...Just can't wait until that payment is GONE!!! 

Keep up the good work!

cindylee

iVillage Member
Registered: 10-01-2008
Wed, 02-20-2013 - 2:54pm

GO BEX.....GO!!!!

iVillage Member
Registered: 12-31-2010
Fri, 02-22-2013 - 12:05pm

Wow, Bex, that is awesome.

We just refinanced to 15 years at 2.99%.  I am not in love with this house, as I have said many times! LOL, so I am sure we will either do a lot of remodeling or have to move at some point, though I would LOVE to have it paid off before I retire.

We owe 4 more years on one of our cabins (one is paid off) so that will be nice as well.  That ends about the time DD is done with law school, so then we can take all of that money and either wipe out the mortgage, excellerate retirement savings or both.

-MV

#Marie
Community Leader
Registered: 08-25-2006
Fri, 02-22-2013 - 5:21pm

How exciting!  I love seeing things go down, no matter how big or small.  

Serenity