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Happy day - paid off the mortgage!
Old 12-10-2012, 06:06 PM   #1
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Happy day - paid off the mortgage!

It was actually a few days ago, but what a great day! Funny, too - I called to find out how to make the final payment, assuming they'd have to send paperwork or we'd have to go into a branch. Turns out you can make the final payment over the phone, they just transfer the money from your checking account and presto!

I knew we'd be able to pay it off by the end of this year or early next year, but it was still stunning to actually do it. Partly because, as DH said, it makes the prospect of FIREing in a few more years that much more real. Also, just because it's a big accomplishment and I'm impressed with ourselves for pulling it off.

So - a huge thank-you to the community here for all the great wisdom and encouragement for those of us who aren't there yet I can't even tell you what a difference it's made in helping us get where we're trying to go.
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Old 12-10-2012, 06:08 PM   #2
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Congrats on the payoff, it's a great feeling to know you'll never have to write another check to the mortgage co.!
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Old 12-10-2012, 06:13 PM   #3
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Oh no, another pay off the mortgage thread!
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Old 12-10-2012, 06:13 PM   #4
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Congratulations! Some folks go to all kinds of cost/benefit analysis but the part that is usually missed is that the wonderful feeling of a paid off mortgage is priceless!
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Old 12-10-2012, 06:15 PM   #5
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I too love that feeling of NOT writing a check every month too, although not everyone here shares our happiness .

Congratulations!!!!
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Old 12-10-2012, 06:19 PM   #6
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Congratulations!! It's such a happy feeling, isn't it?
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Old 12-10-2012, 06:33 PM   #7
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Awesome.

I hope to join you in the no more mortgage club in the next year. Concurrent with DH's retirement. (I'll retire a few years later at age 55 unless I'm offered a severance package sooner.)
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Old 12-10-2012, 06:47 PM   #8
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Hot diggidy dawg! Congratulations!



Shoot...even tho our mortgage has been paid off for a few years now, I still get a case of the giddies from time to time.....
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Old 12-10-2012, 07:02 PM   #9
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As my kids would say "Boom sauce"!!!! Congrats to you. We did the same last year, and it is a very liberating feeling. I still have to pinch myself on occasion because after having a house payment for decades, I really never thought we wouldn't have one.
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Old 12-10-2012, 07:07 PM   #10
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Congrats! Paid mine off last year and it was a great feeling. Due to unforeseen events however, we don't live in that house anymore and we are back to paying rent.
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Old 12-10-2012, 07:59 PM   #11
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Congrats! It is a great feeling.
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Old 12-10-2012, 08:02 PM   #12
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WM, congrats on the paid off mortgage. I'll bet you sleep good! The only time I have second thoughts is when I have my income taxes prepared. But, these days the standard deduction looks good. Again, congrats!
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Old 12-10-2012, 08:09 PM   #13
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Congratulations WM! Now what do you plan to do with the mortgage money? Second home maybe?
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Old 12-10-2012, 08:17 PM   #14
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Congratulations!
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Old 12-10-2012, 08:27 PM   #15
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Congratulations!

It's been a couple of years since we paid ours off and I still smile and giggle a little when I see someone else make it to that place.
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Old 12-10-2012, 08:58 PM   #16
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Congrats. I paid mine off this September. What a great feeling !!!!
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Old 12-10-2012, 09:04 PM   #17
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Ahhhhhhhhhhhhhhhhhhh!
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Old 12-10-2012, 09:43 PM   #18
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Congratulations. They should automatically file a document stating that they no longer have a lien on the property, can't hurt to double check in a few months. We are happier without one.
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Old 12-10-2012, 10:05 PM   #19
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Congratulations, it's a great feeling!
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Old 12-10-2012, 10:07 PM   #20
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Quote:
Originally Posted by Bikerdude View Post
Oh no, another pay off the mortgage thread!
Those are only a problem if someone asks whether they should .
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Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
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