Thanks all!
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Originally Posted by lookout123
good for you HM. now you need to turn around and get a hefty HELOC for a safety net. you can keep a zero balance on it, thus maintaining your debt free lifestyle while still keeping access to what is most likely your largest asset.
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Interesting. I'll look into that. A one-time $1000 (or so) fee for a decade or two of hundreds-of-thousands-of-dollars-worth of credit sounds like a deal (if I understand my quick Googling correctly).
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Originally Posted by Shocker
Awesome job on the mortgage! If I might suggest though, if you have a 0% auto loan...milk that one for all its worth. Basically think of that as free money, and even in a basic savings account earning 1%, you've got a net benefit for yourself. Basically by paying it off now, you would be loosing money (even if it feels like you would be saving money)
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Yeah, the only money I'd be saving is stamps. I'll be bumping up my 401k instead.