If you bought a home 20+ years ago, could you afford it today?

If you want to see sticker shock, just ask your mortgage company to run an amortization chart for you of your mortgage. It sure brought me to reality.
I ran my own and paid ahead every month. I couldn't pay it off 12 years early as you did, but did finish it several years before the 30 years had elapsed. It's a very freeing feeling to actually own the home you live in after many years of sharing ownership - and a good part of our income - with a bank.
 


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