[clue-talk] computers, gas, mortgages and bears - oh my!

[erik at ezolan.com]

> On 8/31/06, Nate Duehr <nate at natetech.com> wrote:
>> I think I'll stick with my boring old 30 year mortgage, thanks.  And try
>> to pay enough extra on it NOW so that it magically becomes a 20 year
>> mortgage ...
>
> We did exactly that and wound up paying it off in about 17 years -
> just about 6 months prior to being layed off and out of work for 2
> full years! That savings plan made the difference between tightening
> our belts and complete financial disaster.

I was able to switch to a weekly mortgage, and then rounded up my payments
to the nearest 20$ increment. A 30 year fixed rate loan became a 21 year
one. :-)

I do live in a pretty cheap place already though.

Erik Z