[QUOTE=billscamaros;418930]
Quote:
Originally Posted by Bucketlist2012
..I am 52 with 27 years left on my loan..just like I want it....[/QUOTE
You've alluded that you are retired and apparently making this those payments from investment earnings. But I'm curious about the wisdom of being in this situation while working to make the payment. I'm 53 with roughly 23 years on my current 30 year mortgage, and I view it as having to work until age 76 if I want to keep the current house beyond retirement.
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Bill
Maybe someone else can chime in, but you may want to refinance at today's rates, with a 15 year loan...Some 15 year loans are 2.9 right now.. That would put you at 68, but you may be able to pay it down sooner, or have additional income that could retire you at 65..With a paid off house..
Hope that helps...Yo Greg, any ideas ?
Mike