Good news today!!!!!
#11
This is our road-trip vehicle. We had toyed with the idea of getting me a new vehicle. My husband says I should be in a new one every few years. But, we don't think we will find anything as comfortable as this truck is. He has a DVT in his left leg, so seat comfort is a must. Especially where the seat touches the back of his knee.
So we decided to keep this one and wait a year or two to replace it. Besides the way the economy is it is a good idea to wait.
#12
Thank you everyone for the replies.
Sharon,
We can make an extra payment if we choose. But the way I see it, the longer we pay on it the better our credit.
I should have said $144,00 @ 5% interest on a 30 yr fixed mortgage. (makes more sense)...haha
In the 5 years of paying of the truck our credit rating is up past where we thought it would be.
Sharon,
We can make an extra payment if we choose. But the way I see it, the longer we pay on it the better our credit.
I should have said $144,00 @ 5% interest on a 30 yr fixed mortgage. (makes more sense)...haha
In the 5 years of paying of the truck our credit rating is up past where we thought it would be.
Last edited by Chasing Hawk; 04-20-2013 at 07:23 AM.
#13
#15
Super Member
Join Date: Jul 2010
Location: Massachusetts
Posts: 1,097
Thank you everyone for the replies.
Sharon,
We can make an extra payment if we choose. But the way I see it, the longer we pay on it the better our credit.
I should have said $144,00 @ 5% interest on a 30 yr fixed mortgage. (makes more sense)...haha
In the 5 years of paying of the truck our credit rating is up past where we thought it would be.
Sharon,
We can make an extra payment if we choose. But the way I see it, the longer we pay on it the better our credit.
I should have said $144,00 @ 5% interest on a 30 yr fixed mortgage. (makes more sense)...haha
In the 5 years of paying of the truck our credit rating is up past where we thought it would be.
I would think you could do it by smart use of credit cards too. As it was, we were able to pay off our mortgage(not a very large one) in full ahead of time and save the interest that way.
Congrats on paying off the truck. It's a good feeling isn't it? We did that and now that money goes into a future car fund so we'll have the money when we're ready for another car.
#18
That's an expensive way to get/keep good credit. By the calculations I've done using mortgage calculators you can save 8 years off a 30 yr mortgage and lots of interest. I figured we could save $38,000 in interest by doing that on our mortgage.
I would think you could do it by smart use of credit cards too. As it was, we were able to pay off our mortgage(not a very large one) in full ahead of time and save the interest that way.
Congrats on paying off the truck. It's a good feeling isn't it? We did that and now that money goes into a future car fund so we'll have the money when we're ready for another car.
I would think you could do it by smart use of credit cards too. As it was, we were able to pay off our mortgage(not a very large one) in full ahead of time and save the interest that way.
Congrats on paying off the truck. It's a good feeling isn't it? We did that and now that money goes into a future car fund so we'll have the money when we're ready for another car.
#20
We paid off our house about 10 years ago. Then we paid off the cars. Then DH retired due to plant closing with 31 years of service. My husbands pension was illegally taken over by our government and cut down by thousands yearly. That made use credit cards for emergency purchases. I have learn to say no to myself. It is hard not to buy something I want. But being out of debt is better than losing 100 pounds.
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