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I bought my small SF house in 2000 when, yes, housing prices were much lower, but interest rates were 8%. I refinanced several times, but finally made the last payment today. I didn’t make $100,000 until just before DD went to college.
I guess I just wanted to share because I’m not DCUM wealthy but managed this milestone. 25 years ago I was pretty apprehensive about this day ever happening, especially because I had a young child on my own. Not having a mortgage payment will really help in being able to retire in a few years. |
| Congrats OP. I am sure "that was dumb" jerks will jump in soon enough but that's a great accomplishment!! The house is "YOURS"!! |
| Ok |
| Whoot Whoot! Cheers to you; time to paint your door red! |
| Congrats, OP! |
Congratulations! Come on, tell us more about how good it feels
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| That is an amazing milestone! |
| Congratulations, OP! It sounds like you have accomplished a lot: single parenting a child to college, working your way up the salary ladder, buying then paying off your own home. Good for you!!! |
| Don't forget to restructure your finances so you can pay the property taxes, which I think are due semiannually? And I guess you'll need to pay homeowners directly now, too, since you no longer have an escrow account. (Speaking of which, will you get a refund from your escrow account from the lender?) |
| Good for you. We did too and it was so worth it. |
| Awesome!!!! So happy for you! |
| Congrats OP, that’s a great accomplishment! When your mortgage is that high, it makes sense to pay it off. |
| Way to go OP! Celebrate tonight! |
| Good for you, that’s awesome!! |
| Amazing OP!!! Congrats : ) |