Well guys, I made it. Last payment was Monday, after 13-1/2 years. I made a video about it, if you have 12 minutes and you're REALLY bored, you can give it a watch.
Congrats ... so many people fail financially because they stretch out financing to reduce their monthly payment amount. The average car loan is 69.3 months, that's almost 6 years. Homes are purchased beyond means, credit cards maxed out. They end up with a dept to equity ratio at some point which is unmanageable.
Our goal when buying real estate has been to only finance what we can pay off in a 15 year note. My wife and I both just bought new vehicles in the past 2 weeks, paid cash for both. Our old vehicles were 8 & 11 years old.
By paying off the mortgage in 13.5 years you have accomplished something very important. Eliminating debt & building wealth/equity is a great accomplishment ...
Good job,Start saving,you never know when a piece that attaches or close by will come up.thats what happened to me a couple years ago with the 80 next door came up and fortunately I had tried to prepare