How much debt you have? Mortgage and student loans included.

Anonymous
I’m 37; DH is 38.

We owe $490K on our house, which we bought in 2018. We’ll have it paid off in 10 years.

We have a $35K car loan.

That’s it.
Anonymous
Zero. Student Loans forgiven through PSLF. No mortgage but hope to be able to buy a house in the next couple years.
Anonymous
Age 45, only debt is $300K on mortgage at 2.5% interest, so we aren't rushing to pay it off.
Anonymous
No mortgage as I don't plan to retire here. I will buy a house abroad and maybe a small condo here to store my stuff. $20k in student loans. Done with them 2025.
Anonymous
Happy to say after years of student loans and mortgage, we are debt free! I’m 48 and the last debt was paid off 2-3 years ago.
Anonymous
Debt free here too!
Anonymous
$260K-only 10k left on the student loans and tiny house bought in the late 00s.
Anonymous
1.4 million mortgage at 2.5%. No other debt. 36 and 42.
Anonymous
320k mortgage, 45
Anonymous
$48k left on rhe mortgage of a home worth $1.2 million. Only debt, paying cash for one kid still in college
Anonymous
No debt. Never borrowed money.
Anonymous
675k mortgage

I wish I had borrowed a lot more. I think debt, especially 30 yr debt, is one of the keys to building wealth.
Anonymous
Anonymous wrote:I’m 37; DH is 38.

We owe $490K on our house, which we bought in 2018. We’ll have it paid off in 10 years.

We have a $35K car loan.

That’s it.


You have been focused on paying off your house note faster but took on a big car loan?? Oooook
Anonymous
Approx. 1.5M at 2.625% interest rate.
Anonymous
$2M mortgage on $4M house, $11.5M net worth ($13.5M assets - $2M mortgage)
post reply Forum Index » Money and Finances
Message Quick Reply
Go to: