Comments on: Mortgage Payoff – We Pulled the Trigger http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/ The Hard Truth about Money and Personal Finance Fri, 19 Mar 2010 02:03:20 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Residual Income - Kai http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-7107 Residual Income - Kai Fri, 15 Jan 2010 07:24:51 +0000 http://toughmoneylove.com/?p=1598#comment-7107 Congrats on owning your home free and clear. Great accomplishment. Congrats on owning your home free and clear. Great accomplishment.

]]> By: AC http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-4731 AC Fri, 12 Jun 2009 16:39:52 +0000 http://toughmoneylove.com/?p=1598#comment-4731 Mr. TML - that's a very fair answer. Thanks. Mr. TML – that’s a very fair answer. Thanks.

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-4728 Mr. ToughMoneyLove Fri, 12 Jun 2009 04:53:05 +0000 http://toughmoneylove.com/?p=1598#comment-4728 AC - You make a good point. We chose to not make larger monthly payments because we were concerned enough about the economy that we wanted to have that cash available for possible emergency use until we made the final decision. AC – You make a good point. We chose to not make larger monthly payments because we were concerned enough about the economy that we wanted to have that cash available for possible emergency use until we made the final decision.

]]> By: AC http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-4723 AC Fri, 12 Jun 2009 00:29:52 +0000 http://toughmoneylove.com/?p=1598#comment-4723 Just came across this post and wondering why you suddenly decided to do this - if you were stashing money in high-yield accounts, was it earning more than the interest you were paying on the mortgage? Otherwise, it seems that you could have been paying bigger monthly payments instead of saving in the high-yield accounts and paid less interest. Just came across this post and wondering why you suddenly decided to do this – if you were stashing money in high-yield accounts, was it earning more than the interest you were paying on the mortgage? Otherwise, it seems that you could have been paying bigger monthly payments instead of saving in the high-yield accounts and paid less interest.

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-2681 Mr. ToughMoneyLove Sat, 21 Feb 2009 14:31:15 +0000 http://toughmoneylove.com/?p=1598#comment-2681 Single Guy: Thanks - you can get there as long as you don't mentally accept a lifetime of making payments, as so many others seem to do. Maria: Thanks - I hope it makes sense - either way it feels good! Single Guy: Thanks – you can get there as long as you don’t mentally accept a lifetime of making payments, as so many others seem to do.

Maria: Thanks – I hope it makes sense – either way it feels good!

]]> By: Maria @ Residual Income Web http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-2605 Maria @ Residual Income Web Tue, 17 Feb 2009 23:29:45 +0000 http://toughmoneylove.com/?p=1598#comment-2605 That is awesome, and very inspiring! I think your reasons for paying it off first were very good -- it makes sense to own free-and-clear the home you plan to downsize into. Kudos! That is awesome, and very inspiring! I think your reasons for paying it off first were very good — it makes sense to own free-and-clear the home you plan to downsize into. Kudos!

]]> By: Single Guy Money http://toughmoneylove.com/2009/02/11/mortgage-payoff-we-pulled-the-trigger/comment-page-1/#comment-2543 Single Guy Money Sun, 15 Feb 2009 16:22:41 +0000 http://toughmoneylove.com/?p=1598#comment-2543 Congratulations! That is an awesome accomplishment. I would love to own a home free and clear. Congratulations! That is an awesome accomplishment. I would love to own a home free and clear.

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