Yes. We paid it off before I started staying at home with my kid 5 years ago. Through aggressive overpayment and our 2 salaries over $150K (plus $70k from our parents), we paid off over $500K in debt in under 5 years.

Anonymous wrote:

Anonymous wrote:We could pay it off, but have an interest rate of 3% and decided not to to preserve liquidity.

This is our situation too. Our mortgage payment of 3k/mo is quite manageable.

Same, refin'd 33% of value for 3.625%, we can pay it off any day we want several times over but funds are working better elsewhere ... at 2.5% after tax rate, no hurry to prepay or pay off.

no. about to refinance for 30 more years

Yes. 15 year loan, paid in 7.

Anonymous wrote:We could pay it off, but have an interest rate of 3% and decided not to to preserve liquidity.

This is our situation too. Our mortgage payment of 3k/mo is quite manageable.

8 more years to go on both houses - we already bought our retirement house and will have that and our DC area house paid off about five years before retirement. Also, kids' college tuitions are all prepaid.

We could pay it off, but have an interest rate of 3% and decided not to to preserve liquidity.

Almost! House will be paid off next year - when we (DH and I) are 48.

Yes. Paid it off when I was 46 and DH was 48.

53 and it will be paid off in about 8 years. The balance is about 20% of house value. We did an expensive remodel and used a cash out refi for part of it so that slowed down a payoff.

I'm 52 and we will pay our off soon. Just 28 more years. And a few years after that, I should be ready to retire. The kids college? Uh, no.

Yup. Paid it off two years ago. Kids off to college now, so the timing was great!

51. Paid off our home and the one we rent out in LeDroit Park. Doubling down on college savings for #2 and #3 because we weren't as vigilante as we should have been

10 years to payoff. We've been extremely lucky and bought in a desirable area, way before it was desirable so the mortgage is ridiculously low. We've done some renos and refinanced, but the last time we refinanced, we did a 15 year so we are back where we should be. I also double pay the principal every month though my husband is worried what we'll do for tax write offs when we do pay it off. I need to talk to a financial/retirement adviser and see what makes sense.

Have you paid off your house? If not, how many more years until it is paid off? Are you renting?