Having debt bothers me. A mortgage loan for a house is called “good debt,” but I never thought so. Consistent monthly payments were better than the arbitrary rent-increases that set me packing, but the niggling thought of foreclosure was always there. The more I improved La Casa de Tontería (aka The House of Nonsense), the more I wanted to own it outright.
With penny-pinching and do-it-myselfing, I planned to pay off my mortgage in December.
At the beginning of work-from-home, I turned the inside of the front door into a central planning center for tasks and bill deadlines. The up-to-date loan statement, posted next to the calendar, often caught my eye. The dropping interest portion pleased me – except when I compared it to other monthly expenses.
Today I went into the bank and, after comparing mortgage and savings account balances, paid it off. Finally La Casa de Tontería is truly mine.