Paid off the mortgage this summer
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| Wed, 09-22-2004 - 7:54am |
Still, I'm sure she would be so pleased that we did not pi$$ her lifetime savings away. We needed to take a very small personal bank loan at a very low interest rate to completely pay the mortgage company off...so the roof over our head will cost $250/mo for just the next couple of years. Can't beat that with a stick. No more stupid PMI to the mortgage company either, hooray! The townhouses in our neighborhood are selling for 2x what we paid for ours 6 years ago, so if we sell, we would be able to pay off the tiny bank loan and still pocket about 160k. More than enough to buy our dream house in the country.
That's the good news; I will be back on the regular board soon to share how I have 'spent' (in every sense of the word) my summer off.
BK


however, congrats on using the money wisely and paying off the mortgage.
MYM
Wow.
All my best,
Danni