Yesterday, we paid off our condo mortgage.
When I phoned the mortgage company to verify the payoff, I got asked (in slow, Oklahoman accent) “yew wanna PAY OFF yer LOAN?” as if I was from Mars (or a fast talker from Texas).
I think it hurt their “feelin’s”.
The guy even tried to give me the 10-day payoff amount (snail mail). “Waaire transfer?”
He was confounded.
A mortgage is still debt. There is no “good debt” or “bad debt”. There’s just “debt”. And the borrower is slave to the lender and to a job to make those payments. It’s hard to serve 3 masters.
We love to be weird.
What does that feel like?
In a word: free
Free of worry when our jobs are tied to oil price.
Free of feeling powerless and slave to the lender.
Last year, I went to a New Year’s party in which we were to write our wish for 2014. I wrote “have the condo paid off by the end of the year” feeling like it was a long shot.
Finding Nemo Disney/Pixar
Buy a lot of expensive things to “celebrate”?
Focus on paying off our ranch in 2015!
3 thoughts on “A paid-off mortgage”
FANTASTIC You won’t regret it 1 iota!!!!!!
CONGRATS! I can only imagine it feels a lot similar to having paid off all of one’s student loan debt, which I accomplished within 6 months of graduating 🙂
Outstanding!! I paid mine off over 10 years-kept it around like a pet