SueEK
Well-Known Member
- Relationship to Diabetes
- Type 2
I remember when we paid off our mortgage, I was only 46, we sold our big house and downsized as we knew our endowment wouldn’t pay off the outstanding amount. We were caught in the high interest on mortgage payments, endowments that were a terrible investment and then when we paid it all off and had money to spare the interest rates plummeted and have stayed low ever since. Pretty rubbish really but am very Happy our home is our own. Congratulations @AnitramVery great day for celebrations @Anitram.
I remember after the first year of our mortgage, also at 15% interest rate, we reckoned we might possibly own the letter box!! We kept our payments the same as the interest rates dropped, o paid it off a little more quickly, and definitely celebrated when it was all paid off.
Celebrate well