When I was a student, a faculty member & family were living in a basement

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Aug 29, 2015
4:06:17pm

dratax

When I was a student, a faculty member & family were living in a basement

apartment (I was on the 2nd floor) saving to pay cash for a home.

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dratax

Bio page: dratax
Joined: Mar 31, 2004
Last login: May 3, 2024
Total posts: 8,509 (19 FO)

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Messages

Author

Time

At what age will you (or did you) pay off your home?

borncougar

8/29/15 3:33pm

My goal was 30 but looks like it'll be 31 or 32.

4mack

8/29/15 3:39pm

Honestly that is amazing.

borncougar

8/29/15 3:43pm

I've been fortunate to have a good job and i'm a tightwad married to a tightwad

4mack

8/29/15 3:49pm

RE: I've been fortunate to have a good job and i'm a tightwad married to a

Slim

8/29/15 3:52pm

Is it a house that you plan on staying in long term?

8/29/15 4:01pm

Dang. I'm 32 and have t even bought my first house yet...I'll be 50+ by the time

nashty

8/29/15 4:26pm

i didn't get my first real job until I was 32, bought our house at 35

JOPE

8/29/15 4:50pm

C'mon Nashty, do the 15 year mortgage. It is awesome when you decide to move

Spine

8/29/15 6:43pm

Paid it off when I was 33, I'm 36 now. I feel lucky.

Solberg

8/29/15 3:40pm

I am very conservatively on track to pay it off by 37 but I should be 35 or so.

borncougar

8/29/15 3:44pm

65. At 3.0 percent, I think there are other investments that return better

Iman23

8/29/15 3:47pm

this ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

charles

8/29/15 4:27pm

31

mudpupper

8/29/15 3:48pm

I'm 34 and still renting so... 65?

Slim

8/29/15 3:48pm

Are you saving for a down payment?

Tarbo

8/29/15 4:09pm

Yes. But I just got my first "real" job last month so it will be a year or two

Slim

8/29/15 4:12pm

Is that even a good idea at 2.875%?

wapiti

8/29/15 3:57pm

Yes paying off a mortgage always makes sense

borncougar

8/29/15 4:05pm

not this ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

charles

8/29/15 4:28pm

This is more true than people know. The older I get, the more true I realize

Spine

8/29/15 6:44pm

When I was a student, a faculty member & family were living in a basement

dratax

8/29/15 4:06pm

My parents paid off our house when I was 28. I don't know how everyone does it.

WDaddy

8/29/15 4:11pm

35

zonacougar

8/29/15 4:25pm

What is this thread? Am I being trolled?

Memmo

8/29/15 4:41pm

65

JOPE

8/29/15 4:43pm

54

QuickCoug

8/29/15 4:49pm

65, purposefully.

P-townCoug

8/29/15 4:52pm

Which home? I paid off my main mortgage a couple of years ago, but my vacation

Epileptic Beagle

8/29/15 5:58pm

Will between 43-45.

Spine

8/29/15 6:47pm

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