When do you think you will be / are you Mortgage free?

MLH1 · 13-02-2015 06:43PM #1

El Horseboxo · 13-02-2015 06:45PM

Now.

Wibbs · 13-02-2015 06:45PM

Mortgage free and debt free. I've never had a loan. I'd be an extreme for that sorta thing mind you.

Menas · 13-02-2015 06:47PM

8 years to go on a 15 year mortgage. Interest rates have been low for most of the 8 years so far, touch wood for the next 7.

ronjo · 13-02-2015 06:47PM

Mortgage free here also...... was up over 500k at one stage though..

13-02-2015 06:49PM

Wibbs wrote: »

Mortgage free and debt free. I've never had a loan. I'd be an extreme for that sorta thing mind you.

Not even something like the credit union? you must be very unusual.

corner of hells · 13-02-2015 06:50PM

Im hoping to be wife free before.mortgage free.

Teyla Emmagan · 13-02-2015 06:50PM

14 years to go! Not that long really.

corner of hells · 13-02-2015 06:52PM

Teyla Emmagan wrote: »

14 years to go! Not that long really.

Teyla ,how you doin' ?

Teyla Emmagan · 13-02-2015 06:53PM

corner of hells wrote: »

Teyla ,how you doin' ?

Were you not just talking about your new girlfriend?!

diomed · 13-02-2015 06:55PM

1992

The Backwards Man · 13-02-2015 07:05PM

Seven years mortgage free, two years debt free. Never again, I hope.

MagicMarker · 13-02-2015 07:08PM

After many years, I am now 100% debt free, it's feckin' awesome!

corner of hells · 13-02-2015 07:09PM

Teyla Emmagan wrote: »

Were you not just talking about your new girlfriend?!

Yeah , I'm window shopping.......

strobe · 13-02-2015 07:12PM

mariaalice wrote: »

Not even something like the credit union? you must be very unusual.

I'm the same, never borrowed money. When I wanted something I couldn't afford right away, I worked like a dog and saved like a... what's the saving animal, cat, squirrel?, I'll go with squirrel I guess, and then when I could afford it I bought it.

It obviously wouldn't be feasible if I wanted to buy a house. And if I did I'd get a mortgage probably. But I don't want to buy a house.

*Edit: well I do have a credit card for paying for things online, and that's technically a high interest short term loan, so there is that.

c_man · 13-02-2015 07:13PM

I'm mortgage free. And house free too!

Ghost Buster · 13-02-2015 07:43PM

Inherited my wifes ramshackle old home place last summer. Its a doer upper but nice. Theres about 6 years left on our own so the very moment prices improve that's on the market baby!

ytpe2r5bxkn0c1 · 13-02-2015 07:58PM

22 years ago. Aah, sweet memories of 13%+ interest rates.

blackbird 49 · 13-02-2015 08:11PM

4 yrs left on my mortgage, got married in 1991 we are living in our third and I might add last house since 99' just before house prices went mad. Can't wait to be mortgage free but I suppose their is always a hole for something else to be paid.

Gongoozler · 13-02-2015 08:13PM

mariaalice wrote: »

Not even something like the credit union? you must be very unusual.

Yeah I've never had a loan. Not even entirely sure what an overdraft is.

One further than strobe though, i don't have a credit card

13-02-2015 08:15PM

I am debt free. Never in my life had a loan. Don't have a mortgage either though. Woohoo renting! Probably will buy a house in a few years, haven't really decided yet.

The Peanut · 13-02-2015 08:17PM

Wibbs wrote: »

Mortgage free and debt free. I've never had a loan. I'd be an extreme for that sorta thing mind you.

Ditto. My dad worked ridiculous hours when we were younger to keep a business afloat. Drilled the concept of don't buy if you don't have it into us. I've been lucky enough to maintain employment since I left college. No mortgage, no debt.

December2012 · 13-02-2015 08:22PM

How many of those of you that are mortgage free own the property you live in?

I know strictly speaking if I was renting I would be mortgage free, but that's not quite the same as having a home already paid for.

All things going as they are presently we will own our home outright in 15 years.

The Peanut · 13-02-2015 08:29PM

December2012 wrote: »

How many of those of you that are mortgage free own the property you live in?

I know strictly speaking if I was renting I would be mortgage free, but that's not quite the same as having a home already paid for.

All things going as they are presently we will own our home outright in 15 years.

We own our house, no mortgage.