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How does it feel to live mortgage free?

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Luisa621

Asked by Luisa621 at 1:08 PM on Dec. 22, 2010 in Money & Work

Level 19 (7,211 Credits)
Answers (12)
  • I wouldn't know, but I can imagine it's a very nice feeling! I can't wait to be mortgage free!
    gumby11883

    Answer by gumby11883 at 1:12 PM on Dec. 22, 2010

  • LOL... Ill let you know in about 20 yrs.

    My father is mortgage free and VERY HAPPY.
    sahlady

    Answer by sahlady at 1:13 PM on Dec. 22, 2010

  • cant wait to find out!
    rebeccadac

    Answer by rebeccadac at 1:13 PM on Dec. 22, 2010

  • I wouldn't know. I'm sure it is a very nice feeling though.
    arenad

    Answer by arenad at 1:13 PM on Dec. 22, 2010

  • It is very nice.
    Anonymous

    Answer by Anonymous at 1:59 PM on Dec. 22, 2010

  • I wouldn't know but I think it would be wonderful!
    tasches

    Answer by tasches at 2:24 PM on Dec. 22, 2010

  • I don't know, but I dream about it, lol. We still have 23 years left on our mortgage, but we want to pay it off in the next 4 years.
    slw123

    Answer by slw123 at 3:51 PM on Dec. 22, 2010

  • I wish I knew. My parents have been mortgage free for as long as I can remember and I'm 32! i don't even remember them having a mortgage. Their first house that I lived in until I was 16 cost them about $25k. Can you imagine paying that for a house when that's what some people pay for a new car.
    SherriPie

    Answer by SherriPie at 6:16 PM on Dec. 22, 2010

  • My dd moved in with her bf about 10 yrs ago and that was her goal. She paid off their house and their car and everything that he bought on credit. She's so good with money. Now they are working on buying land and a business. I'm sure they will pay that off too. I wish I had her talent with money!
    admckenzie

    Answer by admckenzie at 7:40 PM on Dec. 22, 2010

  • A better question would be- how would it feel to be completely debt free house and everything. Can you imagine that? I've already crunched the numbers on that (yes I'm a nerd) and I know that we could live on a part time minimum wage job if all we had to pay was groceries, utilities, insurance, and fuel.

    We're not there yet, but I'm sure we will be in the next decade =)
    Erica_Smerica

    Answer by Erica_Smerica at 7:40 PM on Dec. 22, 2010

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