tag:blogger.com,1999:blog-1893129263573703047.post3592146141495531157..comments2024-03-28T00:13:55.918-07:00Comments on A Frugal Family's Journey: Mortgage Balance (Udpate) - April 2015A Frugal Family's Journeyhttp://www.blogger.com/profile/05093532273552790517noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1893129263573703047.post-69196581600659998222016-09-09T00:55:31.934-07:002016-09-09T00:55:31.934-07:00Great blog on Mortgages. I have seen a lot of Zill...Great blog on <a href="http://wcmtg.blogspot.com/2015/10/tips-for-preparing-to-apply-for.html" rel="nofollow">Mortgages</a>. I have seen a lot of Zillow listings in my day and your blog really resonated with me. Home Equity is an interesting scenario and its relationship with net worth is tricky to say the least.Tasha Reeveshttps://www.blogger.com/profile/10410571874613720927noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-42351670656435998652015-04-18T15:11:53.243-07:002015-04-18T15:11:53.243-07:00Thanks for the kinds words S.B. We are certainly b...Thanks for the kinds words S.B. We are certainly blessed to have been in the position to take advantage of the low interest rate environment. We understand that in the long run, since our mortgage will be wiped quicker with the 15yr loan, we'll be in a great position come retirement! <br /><br />Cheers to this financial "gift" for our current generation. :) AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-22398934822617637672015-04-18T06:59:17.814-07:002015-04-18T06:59:17.814-07:00Wow, that is really great to have 2.875% locked in...Wow, that is really great to have 2.875% locked in for 15 years. Every generation has a different particular financial "gift" handed to them, such as low equity valuations or low interest rates. It's good to see you taking advantage of the interest rate situation.S. B.http://www.saveinvestgive.comnoreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-82192437609951904302015-04-15T20:47:32.118-07:002015-04-15T20:47:32.118-07:00Thanks. I was talking to someone else recently abo...Thanks. I was talking to someone else recently about just that. Psychologically, it would be kind of cool to say we own a million dollar house. But then again, that also means we would owe property taxes on a million dollar house as well....no bueno! haha<br /><br />Wish you the best...keep saving and investing and you will be a fellow homeowner before you know it. :) AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-65837610302026371522015-04-15T20:44:47.644-07:002015-04-15T20:44:47.644-07:00Yes, Agreed Tawcan...I love watch the balance drop...Yes, Agreed Tawcan...I love watch the balance drop each month (almost as much as I love watch those dividend payments come in!) :)<br /><br />AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-57774541001924405032015-04-15T20:43:51.658-07:002015-04-15T20:43:51.658-07:00Learn from us, I would say that if you cannot affo...Learn from us, I would say that if you cannot afford the house you want you should wait until you can. The smaller your mortgage the more power you have to invest, the bigger the mortgage the more it drains that power. Either wait until you can afford the house you want or buy a house you can afford (or preferably less) even if it means a smaller house. After all, you can always trade up later once you have the money. :) AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-2731308138734315672015-04-15T05:38:34.247-07:002015-04-15T05:38:34.247-07:00AFFJ,
It looks like you have built a lot of equity...AFFJ,<br />It looks like you have built a lot of equity here. I know you have no intentions of moving but you will certainly be sitting on a 1 Million dollar property if prices of homes continue to trend upwards. Congratulations on your progress. I hope to join you as a home owner some day. Anonymoushttps://www.blogger.com/profile/00096005621734845090noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-71251074546135976922015-04-14T11:18:35.238-07:002015-04-14T11:18:35.238-07:00Mortgage amount going down is always a good thing....Mortgage amount going down is always a good thing. :)Tawcanhttps://www.blogger.com/profile/17163696730038583040noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-48296000837011086062015-04-14T11:02:39.031-07:002015-04-14T11:02:39.031-07:00Love to see the mortgage balance and the percentag...Love to see the mortgage balance and the percentage owed go down! Real estate are crazy high in my area, we were looking for houses lately but the prices are just too steep. I can wait but I am not sure if the wifey can... we'll see.<br /><br />Thanks for sharing and take care!FrugalitytoFinancialFreedomhttps://www.blogger.com/profile/06485005554534003625noreply@blogger.com