Examniing this statemnt from different directions...
Ok, I have nothing. What the fuck does this mean
It was a sideways statement. a toss away if you will. What I meant is that I do not have to get to the point of paying off the loan at it's full cost to make money. They tried to tell me that number. But I didn't really think of it is a real number. Because it is based on everything staying the same. which it won't.
amych, as long as it is clear in your mind that Gus won, all is good.
Anything that keeps you ahead of the interest. Real Estate may work,
Sorry. I got distracted creating an org chart in PowerPoint.
Gus, you've just refuted your own argument. With today's historically low interest rates and skyrocketing home values, most people end up ahead.
There are so many different programs out there that can be tailored to individual circumstances. It's not just a 30-year fixed rate anymore.
Well, I have to say if I could have paid cash - I would have. and if I could pay the loan tomorrow I would.
Oh, hon, you know me better than that. Mwah!
amych, as long as it is clear in your mind that Gus won, all is good.
As if.... I thought we were just having a friendly discussion.
::wink::
Oh, hon, you know me better than that. Mwah!
Hey now! I'm all verklempt. Sob.
Winning and losing -- so hierarchical and structured and inorganic. I think we need to hunker down closer to the earth, and have a group hug.
I think the idea of an adjustable rate is scary - until I remember the 80's when a 13% interest rate on a home loan wasn't uncommon. Mine can't get that high. I think the possibility of refi in 3 years when mine can start adjusting has always been part of the plan.
buying a house is one of those things that made me think more seriously about what should be bought on credit.
education, and real estate are the top two.
cars go there- but my loan is a 0% so it counts as a bill, not credit in the usual sense.
there are things that go on the CC for the extra guarentees. I would prefer to pay them all off every month. ahh... youth.
today's historically low interest rates and skyrocketing home values, most people end up ahead.
Local.
Interest rises everywhere. Property vals everywhere? Not so much.
Everyone whose home is more valuable than earlier... kiss Maria.
t makes out with amych