In the long run, ideally, the house will actually be completely paid for. Then you'll actually be able to live somewhere without having to pay for it every month! Plus, it should start paying off even before that happens, considering that as rent goes up, your house note will be staying the same (unless you went for an ARM).
Yeah, that rent that kept going up was really a driving factor behind this... my income should keep going up, if not as quickly as these past two years, and maybe someday Shannon will get a better job. If we end up really liking the place, maybe we'll stay the whole 30 years! If not, well... we can always sell and move with time enough to pay off the next house before we retire.
I'm just hoping to NOT do what my parents did... move every two years like clockwork. I did that for my first 8 years, had 10 years of stability, and then did another 8 years of chaos. I hate moving!
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Now, to actually MOVE into it. Uh oh. ;X
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I'm just hoping to NOT do what my parents did... move every two years like clockwork. I did that for my first 8 years, had 10 years of stability, and then did another 8 years of chaos. I hate moving!
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