[sdcellar]

As I understand it, you have to build like an 18-inch thick wall to conform to their architectural guidelines. This means that each wall has to actually be two walls; i.e. it comes down to building a house within a house.

So, the first thing I’d ask your contractors is if they understand simply framing the place will require twice the “typical” amount of wood.

There are, of course, higher end finishes required on pretty much everything thing else starting with windows and doors and then working inward, so the costs just continue to add up, but really, just start with the 18-inch walls and see if the story changes.

[sdcellar]

I didn’t think you were trying to infer that at all. Sometimes things just come across the way they come across. I would also never assume people always have the same takeaway as me, so for all I know maybe I was the only one who read it that way. Just what happens with the written word.

Even here, I wasn’t talking about the loan process (that does seem like a PITA), I was just referring to the lower payment. If one could lower their payment by going to the 15-year, I’m pretty sure everybody would do it.

With regard to the specifics, I wasn’t accounting for any paydown you may have been doing over the years. Sounds like you’d done great on that front and shaved off almost $100K there. I had your original loan amount at $660K, but that was simply running numbers backward. Obviously, if it was $630, it was $630.

Agree with you about the attractiveness of getting the house paid off before your old and gray, but also want to remind everyone that you can still do a 30 (if that’s all you can qualify for) and pay it down more quickly. Personally, this would be my approach if I was already several years into the loan I was refinancing and I’m pretty sure I’ve seen you recommend something similar. Obviously, you’re a fan of paying a little extra principal from time to time.

[sdcellar]

I didn’t think you were trying to infer that at all. Sometimes things just come across the way they come across. I would also never assume people always have the same takeaway as me, so for all I know maybe I was the only one who read it that way. Just what happens with the written word.

Even here, I wasn’t talking about the loan process (that does seem like a PITA), I was just referring to the lower payment. If one could lower their payment by going to the 15-year, I’m pretty sure everybody would do it.

With regard to the specifics, I wasn’t accounting for any paydown you may have been doing over the years. Sounds like you’d done great on that front and shaved off almost $100K there. I had your original loan amount at $660K, but that was simply running numbers backward. Obviously, if it was $630, it was $630.

Agree with you about the attractiveness of getting the house paid off before your old and gray, but also want to remind everyone that you can still do a 30 (if that’s all you can qualify for) and pay it down more quickly. Personally, this would be my approach if I was already several years into the loan I was refinancing and I’m pretty sure I’ve seen you recommend something similar. Obviously, you’re a fan of paying a little extra principal from time to time.

[sdcellar]

I didn’t think you were trying to infer that at all. Sometimes things just come across the way they come across. I would also never assume people always have the same takeaway as me, so for all I know maybe I was the only one who read it that way. Just what happens with the written word.

Even here, I wasn’t talking about the loan process (that does seem like a PITA), I was just referring to the lower payment. If one could lower their payment by going to the 15-year, I’m pretty sure everybody would do it.

With regard to the specifics, I wasn’t accounting for any paydown you may have been doing over the years. Sounds like you’d done great on that front and shaved off almost $100K there. I had your original loan amount at $660K, but that was simply running numbers backward. Obviously, if it was $630, it was $630.

Agree with you about the attractiveness of getting the house paid off before your old and gray, but also want to remind everyone that you can still do a 30 (if that’s all you can qualify for) and pay it down more quickly. Personally, this would be my approach if I was already several years into the loan I was refinancing and I’m pretty sure I’ve seen you recommend something similar. Obviously, you’re a fan of paying a little extra principal from time to time.

[sdcellar]

I didn’t think you were trying to infer that at all. Sometimes things just come across the way they come across. I would also never assume people always have the same takeaway as me, so for all I know maybe I was the only one who read it that way. Just what happens with the written word.

Even here, I wasn’t talking about the loan process (that does seem like a PITA), I was just referring to the lower payment. If one could lower their payment by going to the 15-year, I’m pretty sure everybody would do it.

With regard to the specifics, I wasn’t accounting for any paydown you may have been doing over the years. Sounds like you’d done great on that front and shaved off almost $100K there. I had your original loan amount at $660K, but that was simply running numbers backward. Obviously, if it was $630, it was $630.

Agree with you about the attractiveness of getting the house paid off before your old and gray, but also want to remind everyone that you can still do a 30 (if that’s all you can qualify for) and pay it down more quickly. Personally, this would be my approach if I was already several years into the loan I was refinancing and I’m pretty sure I’ve seen you recommend something similar. Obviously, you’re a fan of paying a little extra principal from time to time.

[sdcellar]

I didn’t think you were trying to infer that at all. Sometimes things just come across the way they come across. I would also never assume people always have the same takeaway as me, so for all I know maybe I was the only one who read it that way. Just what happens with the written word.

Even here, I wasn’t talking about the loan process (that does seem like a PITA), I was just referring to the lower payment. If one could lower their payment by going to the 15-year, I’m pretty sure everybody would do it.

With regard to the specifics, I wasn’t accounting for any paydown you may have been doing over the years. Sounds like you’d done great on that front and shaved off almost $100K there. I had your original loan amount at $660K, but that was simply running numbers backward. Obviously, if it was $630, it was $630.

Agree with you about the attractiveness of getting the house paid off before your old and gray, but also want to remind everyone that you can still do a 30 (if that’s all you can qualify for) and pay it down more quickly. Personally, this would be my approach if I was already several years into the loan I was refinancing and I’m pretty sure I’ve seen you recommend something similar. Obviously, you’re a fan of paying a little extra principal from time to time.

[sdcellar]

So you paid it down something like almost $200K from the sounds of it.

Obviously, getting your mortgage done in 15 years is a great thing, but isn’t quite as easily pulled off as a passer-by on this thread might think.

[sdcellar]

So you paid it down something like almost $200K from the sounds of it.

Obviously, getting your mortgage done in 15 years is a great thing, but isn’t quite as easily pulled off as a passer-by on this thread might think.

[sdcellar]

So you paid it down something like almost $200K from the sounds of it.

Obviously, getting your mortgage done in 15 years is a great thing, but isn’t quite as easily pulled off as a passer-by on this thread might think.

[sdcellar]

So you paid it down something like almost $200K from the sounds of it.

Obviously, getting your mortgage done in 15 years is a great thing, but isn’t quite as easily pulled off as a passer-by on this thread might think.

[sdcellar]

So you paid it down something like almost $200K from the sounds of it.

Obviously, getting your mortgage done in 15 years is a great thing, but isn’t quite as easily pulled off as a passer-by on this thread might think.

[sdcellar]

Your payments on a 15-year loan (even with a 2% lower rate) are lower than your 30-year note? Are you sure this isn’t a 30 due in 15?

Maybe you said that somewhere and I just missed it.

[sdcellar]

Your payments on a 15-year loan (even with a 2% lower rate) are lower than your 30-year note? Are you sure this isn’t a 30 due in 15?

Maybe you said that somewhere and I just missed it.

[sdcellar]

Your payments on a 15-year loan (even with a 2% lower rate) are lower than your 30-year note? Are you sure this isn’t a 30 due in 15?

Maybe you said that somewhere and I just missed it.

[sdcellar]

Your payments on a 15-year loan (even with a 2% lower rate) are lower than your 30-year note? Are you sure this isn’t a 30 due in 15?

Maybe you said that somewhere and I just missed it.

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