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Forum: Frugal Mommies


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December 16th, 2007, 11:18 PM
dingledine's Avatar Platinum Supermommy
Join Date: Jan 2005
Location: Seattle Area
Posts: 11,335
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I think I talked Dh into refinancing from a 30 year (with 24 years left), to a 15 year mortgage. Do they have 10 year mortgages? That would be worth finding out about also. Changing to a 15 year mortgage wouldn't even cut into any of the money that I usually have to "tinker" with. It just goes somewhere and accumlates. With a little work, maybe we can cut a 10 year mortgage. Even with a 15 year, that would mean the house would be paid off by the time I am 50. Paying until I/we am/are 60 is insane. We should have done it 2 years ago when we talked about it. but I didn't give DH the final shove/push that he needed. Now though... definately I will give him that nudge he needs.

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