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

[Nate Duehr]

erik at ezolan.com wrote:
>> 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. :-)

Oh that's a wicked cool trick!  I'll have to look into that.  Thanks for 
sharing.

Nate