I bought a house in 1998. My Mortgage is scheduled to be done in 2013.

@writersedge (22563)
United States
March 9, 2008 5:26pm CST
Did you buy a house? What year do you finish your mortgage up?
1 person likes this
4 responses
ElicBxn
@ElicBxn (63643)
• United States
9 Mar 08
My parents bought this house for me to live in 1984. We finished the morgage in 1999 when we took out a remodeling loan. Looks like it'll be another 10 years or so before this loan is done.
2 people like this
writersedge
@writersedge (22563)
• United States
9 Mar 08
I think as soon as our house is paid off, we will need a loan for repairs. Paying for a home really never quits.
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ElicBxn
@ElicBxn (63643)
• United States
9 Mar 08
Ain't that the truth!
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missytia
@missytia (387)
• Australia
10 Mar 08
I bought my house about 3 years ago and I still have about 25 years to go. I am trying to pay it off sooner and make extra repayments but it's so hard here in Australia at the moment as the interest rates are rising very fast.
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writersedge
@writersedge (22563)
• United States
10 Mar 08
I bought mine locked in at 7%. Fixed rate mortgage. Mortgages have gone down here, the last I knew. Making extra payments is hard here because prices of everything have gone up due to the cost of oil and fuel, but the amount we're being paid hasn''t gone up. Take care and I wish you luck. 25 years, I would be 75 yrs old.
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alamode
@alamode (3071)
• United States
10 Mar 08
We paid ours off about 16 years ago... there is nothing else in the world that feels as good as not having a mortgage!
gemini_rose
@gemini_rose (16264)
•
9 Mar 08
You have not long to go then you lucky thing, we have another 22 years to go yet unless we get lucky and win some money to clear it, which is not very likely! So thats around 2040.
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writersedge
@writersedge (22563)
• United States
10 Mar 08
Wow 2040, would be 72, so I'm glad I don't have that long to go! Take care.
1 person likes this