15k for a masters isn't a bad investment at all. Congrats to you both.Quote:
Originally Posted by sniper7
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15k for a masters isn't a bad investment at all. Congrats to you both.Quote:
Originally Posted by sniper7
thanks, I am just tired of paying the bill every 4 months! glad it is over so now I can get more sweet toys!Quote:
Originally Posted by Sawin
[Beer]Quote:
Originally Posted by sniper7
Tagging this thread for future use. When I have a bit more money, I'm going to play as well.
CM, I'm buying a house this month for myself, do you hve any advice? I her about people paying off mortgages in short periods of time with different types of loans like HELOCs. I'm set up for a 30yr fixed, but haven't closed.
You can pay off your mortgage faster by doing split payments. It does half of a full payment every 2 weeks, so you end up making 13 full payments per year instead of 12. In addition, if you can add extra towards principle, that will knock it down much faster.Quote:
Originally Posted by keylay31
Those were the days when we were still able to secure first position lien HELOC. Simply put, you deposit your paycheck directly into the heloc hence lowering that month principal balance in which the interest is based upon - meanwhile you still make sure a full monthly payment is still being applied (less interest that month = more payment toward principal).Quote:
Originally Posted by keylay31
This 'trick' is highly depending on your payroll amount and interest of heloc to make it work. I did try it once.. had a 87k heloc on first position, and yes it was being paid down aggressively by the system. Good luck finding a bank that will do heloc purchase though.
Anyone a millionaire yet?
No, but i'm paying off our mortgage. [Beer]Quote:
Originally Posted by Irving
nope,,,,,, :(Quote:
Originally Posted by Irving
That's the whole goal!Quote:
Originally Posted by jim