Comments on: How We Paid Off Our 2nd Mortgage in Less Than Three Years http://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#utm_source=rss&utm_medium=rss&utm_campaign=how-we-paid-off-our-2nd-mortgage-in-less-than-three-years A personal finance blog teaching you how to live debt free and use credit wisely. Fri, 10 Feb 2012 15:18:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Debt Reduction Success Stories » No Credit Needed - Debt Reduction Rocks – We Are Living Debt Free!http://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-115944 Debt Reduction Success Stories » No Credit Needed - Debt Reduction Rocks – We Are Living Debt Free! Sun, 10 Oct 2010 20:58:57 +0000 http://www.nodebtplan.net/?p=4776#comment-115944 [...] from No Debt Plan put together a plan – and paid off a second mortgage.  It’s always fun to see those things go bye, [...] [...] from No Debt Plan put together a plan – and paid off a second mortgage.  It’s always fun to see those things go bye, [...]

]]> By: Financial Samuraihttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-107828 Financial Samurai Sun, 08 Aug 2010 16:13:38 +0000 http://www.nodebtplan.net/?p=4776#comment-107828 KEvin, what is the rate on your first mortgage now? You may consider refinancing! KEvin, what is the rate on your first mortgage now? You may consider refinancing!

]]> By: Kevinhttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-107014 Kevin Wed, 04 Aug 2010 00:29:38 +0000 http://www.nodebtplan.net/?p=4776#comment-107014 It depends on your financial situation and if you think you can earn higher returns elsewhere. Our first mortgage is just under 5% (we refinanced last year), and we're holding off on getting super aggressive with it for now. It depends on your financial situation and if you think you can earn higher returns elsewhere. Our first mortgage is just under 5% (we refinanced last year), and we’re holding off on getting super aggressive with it for now.

]]> By: Samuraihttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-106285 Samurai Fri, 30 Jul 2010 15:44:26 +0000 http://www.nodebtplan.net/?p=4776#comment-106285 Great work mate! A good kick in the pants for me to start paying down some debt! I'm refinancing now two loans down to 4%. Would you still as aggrsv paid off ur 2nd if the rate was at 4%? What's ur rate on ur first? Think about refing? Best, Sam Great work mate! A good kick in the pants for me to start paying down some debt!

I’m refinancing now two loans down to 4%. Would you still as aggrsv paid off ur 2nd if the rate was at 4%?

What’s ur rate on ur first? Think about refing?

Best,

Sam

]]> By: Should I Pay Down My Mortgage or Invest? | Real Savvy Real Estatehttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-106140 Should I Pay Down My Mortgage or Invest? | Real Savvy Real Estate Thu, 29 Jul 2010 17:43:59 +0000 http://www.nodebtplan.net/?p=4776#comment-106140 [...] recently sent me an interesting story of one man who was so committed to a debt-free life, he paid off his 2nd mortgage in three years. Despite his single-minded commitment, he still notes that aggressively paying down a mortgage [...] [...] recently sent me an interesting story of one man who was so committed to a debt-free life, he paid off his 2nd mortgage in three years. Despite his single-minded commitment, he still notes that aggressively paying down a mortgage [...]

]]> By: Kevinhttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-105824 Kevin Wed, 28 Jul 2010 02:03:47 +0000 http://www.nodebtplan.net/?p=4776#comment-105824 Actually we have other savings goals for that money now. But definitely long term that's where the money would end up. Actually we have other savings goals for that money now. But definitely long term that’s where the money would end up.

]]> By: Kevinhttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-105823 Kevin Wed, 28 Jul 2010 02:02:56 +0000 http://www.nodebtplan.net/?p=4776#comment-105823 You've just got to keep chipping away at it. It works, and you build momentum, and it feels great to watch it start to whittle away. Not to mention that the more principle you pay down the larger an impact your regular payments make because each payment isn't anchored down by interest. You’ve just got to keep chipping away at it. It works, and you build momentum, and it feels great to watch it start to whittle away. Not to mention that the more principle you pay down the larger an impact your regular payments make because each payment isn’t anchored down by interest.

]]> By: Kevinhttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-105822 Kevin Wed, 28 Jul 2010 02:01:44 +0000 http://www.nodebtplan.net/?p=4776#comment-105822 Yea I can't imagine first mortgage rates being 10, 11, 12+%! That's just crazy. We definitely are looking at historic lows currently with mortgage rates in the 4-4.5% range on 30 year and 3.75% or so for 15 years! Yea I can’t imagine first mortgage rates being 10, 11, 12+%! That’s just crazy. We definitely are looking at historic lows currently with mortgage rates in the 4-4.5% range on 30 year and 3.75% or so for 15 years!

]]> By: Kevinhttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-105819 Kevin Wed, 28 Jul 2010 01:46:41 +0000 http://www.nodebtplan.net/?p=4776#comment-105819 Thanks Mr J! Thanks Mr J!

]]> By: Kevinhttp://www.nodebtplan.net/2010/07/22/how-we-paid-off-our-2nd-mortgage-in-less-than-three-years/#comment-105818 Kevin Wed, 28 Jul 2010 01:45:31 +0000 http://www.nodebtplan.net/?p=4776#comment-105818 That's the plan... free up that cash flow and apply that cash flow to other goals. Is going great :) That’s the plan… free up that cash flow and apply that cash flow to other goals. Is going great :)

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