Yes, the day has arrived! In about 2 hours I will go into the Building Society and end our mortgage!
I've only ever been drunk on champagne once before. I'm looking forward to it again!
Chin Chin!
Must be a fantastic feeling! CongratulationsYes, the day has arrived! In about 2 hours I will go into the Building Society and end our mortgage!
I've only ever been drunk on champagne once before. I'm looking forward to it again!
Chin Chin!
Must be a fantastic feeling! Congratulations
Congratulations to you. I'm happy for you. Have a nice party!
well, at least you'll be able to afford a holiday/home improvements/a new car etc. I'm actually looking forward to starting a mortgage, having rented for 8 years hoping for a house and not just a flat, but we'll see.Thank you. To be honest it feels like I'm just returning an overdue Library book. I've had this day as a target for a few years now, so it's a bit of an anti climax now it's a reality? I am told that once you go a few months without seeing the money go out, the thrill hits home!
Still, the booze might help?
Yes, the day has arrived! In about 2 hours I will go into the Building Society and end our mortgage!
I've only ever been drunk on champagne once before. I'm looking forward to it again!
Chin Chin!
well, at least you'll be able to afford a holiday/home improvements/a new car etc. I'm actually looking forward to starting a mortgage, having rented for 8 years hoping for a house and not just a flat, but we'll see.
yeah. Well, we're going to have to wait a year or so before we can buy, but we're moving to rent a bigger flat before then (because 2 people, a cat and a tiny flat don't go)It only seems like 5 minutes since we rented (it was 11 years ago). Now is a good time to be renting, whilst watching the house prices come down to an affordable level. We did just that, then pounced at the right time.
We have put some cosmetic home improvements on hold, but kept up with the important stuff (new roof on the kitchen, new boiler etc). So the first thing will be a total re-fit in the kitchen. I'm looking forward to that.
Congratulations, but you make more in the long run by keeping your mortgage as high as possible (even though you're paying interest) and investing the money you'd otherwise have used to pay down the mortgage early.
$313,000 to go
It's done. We even had a marching Brass Band greet us as we walked out of the Building Society. How Northern!
Thanks for the comments. I'm not bragging, I'm just happy. It's a job done, and a box ticked in our grand scheme.
Here in the UK, paying off your mortgage early is by far the best thing that homeowners can do (providing you don't buy a product with penalties). I think that NRITH is assuming that we get the high rates of tax relief that US mortgage customers get? We used to, but this has been reduced over the years to an insignificant figure.
As I am now rolling in money, I have gone mad with it. I've rented a DVD from the Library, bought some seeded rolls and had a little wager on Spain tonight. I'm off out in a few minutes to have at least one bottle of Verve Cliquot which should go down nicely with a few pints!
I might invest in Art? (and a new Man City Season ticket - same thing!).