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The Water Cooler
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Let's talk personal debt
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<blockquote data-quote="761mph" data-source="post: 2020129" data-attributes="member: 197"><p>i chose plan A</p><p>my house was bought in 1980 when interest rates for first time buyer was around 13%</p><p>with first time buyer bond money through the county the interest dropped to 9.99%(the only way we qualified for the loan) on a 30 yr note</p><p>after putting up with 20 yrs of dealing with constant changing my monthly payment and the loan being sold to 6 different lenders, i cashed in a CD and paid the loan off 10 yrs early</p><p> i kinda wish i would have put in more towards my principle than i did, rather than building my CDs up</p><p>my only bills now are the utilities and whatever i put on the CCs, the rest goes in rather safe investments and things that go BOOM or VRROOM</p></blockquote><p></p>
[QUOTE="761mph, post: 2020129, member: 197"] i chose plan A my house was bought in 1980 when interest rates for first time buyer was around 13% with first time buyer bond money through the county the interest dropped to 9.99%(the only way we qualified for the loan) on a 30 yr note after putting up with 20 yrs of dealing with constant changing my monthly payment and the loan being sold to 6 different lenders, i cashed in a CD and paid the loan off 10 yrs early i kinda wish i would have put in more towards my principle than i did, rather than building my CDs up my only bills now are the utilities and whatever i put on the CCs, the rest goes in rather safe investments and things that go BOOM or VRROOM [/QUOTE]
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