[quote=earlyretirement][quote=ocrenter]ER, Dolinka’s estimates is pretty much on target with my MR. So doubt you’ll get any surprises going with the estimate until you are ready to do the payoff.
I agree, the more I look into it, especially given PUSD’s recent funny business with bonds, the MR payoff makes a lot of sense for long term home owners.[/quote]
Thanks ocrenter. Hopefully it’s on the lower end of their estimate rather than the higher end. 🙂
I just sent off the letter to PUSD this morning requesting the pay off quote and mailed the $100 so looking forward to getting that.
Yes, I just figured this totally makes sense for any homeowners that are confident they will be in their house long-term. We definitely won’t be moving, already did the renovations on the house and have it perfect how we want to live in it for the foreseeable future.
The only wildcard I can think of is if we have twins or triplets when we go for our 3rd child next year. LOL. In that case I guess I’d have to turn my home office into another bedroom. ;)[/quote]
btw, they should have told you the interest rate on the MR as well. for mine we were looking at 5% and 7.5%. Which again makes the decision to pay it off a relatively easy one as well.