Quote:
Originally Posted by AMG_G
Mine will be done March next year I will be 39. Wife and 2 kids, paid off mdx and C63 so no car payments, maxed resp, tfsa and rrsp. I bought in 2003 with a 197k mortgage and 25% down. Been increasing my payments 20% whenever I could. Would have finished my mortage in 7 years if I didn't have a fast car vice. We chose to live in our modest home while all friends and siblings went full ###### on the cheap credit. My mortgage balance as of today is ~28k...my siblings are north of 500k.
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Wow, you're putting down over $4k a month on your mortgage (I'm guessing at this point it's almost all principal versus interest)? Or does that include a lump sum (i.e. tax return) as well. In any event, that's quite the feat -- by the time you're paid out you'll have some serious cash flow to play with
