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Paid off the mortgage on Tradition Manor today...

On your primary residence? I remember my 30’s.

Tradition Manor is the third primary residence we've owned, trading up along the way.

We moved into The Manor 16-1/2 years ago with a 30-year mortgage that we got approved for by the skin of our teeth. Recall what was going on in the housing market in 2008. I'll wait to let you reflect on that....

Then we refinanced at some point when rates got stupid low (~3%... almost like stealing money). We always threw extra money at the principal with every payment and got it paid off in barely more than 15 years.

I'm pretty proud about this accomplishment.
 
Tradition Manor is the third primary residence we've owned, trading up along the way.

We moved into The Manor 16-1/2 years ago with a 30-year mortgage that we got approved for by the skin of our teeth. Recall what was going on in the housing market in 2008. I'll wait to let you reflect on that....

Then we refinanced at some point when rates got stupid low (~3%... almost like stealing money). We always threw extra money at the principal with every payment and got it paid off in barely more than 15 years.

I'm pretty proud about this accomplishment.

Enjoy. It’s very nice. Putting yourself in a position to do it as early as possible can open up a lot of opportunities.
 
Congrats!! Please do the patriotic thing and set up an auto contribution in the same amount of your mortgage payment to our wonderful President Donald J Trump!

He played a big role in your accomplishment!!
 
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Reactions: seminoleed
With all the uncertainty out there right now, I am really glad it's paid off.
This!!!!!

There is a comfort in having your mortgage pd off.....especially in times of uncertainty.

We've been mortgage free since our early 50s. Didnt piss away the extra money in our budget so it opened us up to many opportunities.

Good job Trad!
 
Explains why you are such a self and insufferable douchecanoe who doesn't give 2 shits about what's happening to our country and the people in most need.
I don’t get this. How does being financially responsible give rise to this? I don’t dispute that your conclusions might be true but I’m not sure paying off your mortgage has any correlation. Help me connect the dots.
 
At my current interest rate I have no incentive to pay it off. I make a higher rate on safe investments than I pay on my mortgage.
I know what you're saying but people just don't start accumulating wealth until they have that home paid off.
 
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