[quote=bearishgurl]
For you, ~$61K is a little over ten years of paying MR by the month. I guess if you’re SURE you’ll be there at least that long, then you definitely got a discount by paying it off early.
Not sure if your early payoff will affect your resale value, though.[/quote]
Yep. I’m SURE that we will be in the house for at least 15 years. We have the house exactly how we want it and we have accounted for possibly having another child. So it’s plenty big for us.
We did the renovations we wanted to do and have the house perfect how we want it. We definitely won’t move until the kids are out of high school.
I realize that the majority of people probably aren’t in this position to know for sure they won’t move but I can say with certainty that we will be here for the long haul. And I didn’t do this at all thinking about potential resale value.
