{"id":70,"date":"2007-11-01T15:52:26","date_gmt":"2007-11-01T20:52:26","guid":{"rendered":"http:\/\/ericles.com\/news\/2007\/11\/01\/new-home-pictures-dollars\/"},"modified":"2007-11-01T15:59:35","modified_gmt":"2007-11-01T20:59:35","slug":"new-home-pictures-dollars","status":"publish","type":"post","link":"http:\/\/ericles.com\/news\/2007\/11\/01\/new-home-pictures-dollars\/","title":{"rendered":"New Home – Pictures & Dollars"},"content":{"rendered":"

First, I’m proud to say that I finally uploaded some dang pictures. Not sure why I waited so long except that I didn’t have the uploader utility installed. \ud83d\ude42 That’ s my excuse and I’m sticking to it. See pictures here:<\/p>\n

http:\/\/pix.ericles.com<\/a> <\/strong><\/p>\n

Click on the appropriate album and enjoy!<\/p>\n

Secondly, I wrote my first check towards the mortgage today. Big Check. Gunna do it for the next 23 years apparently. What? How’d I get a 23 year mortgage? I didn’t! I simply rounded the amount I owed up to the next even thousand. It’s 9% more than what I would have been paying but it chops 7 years and over 75 thousand dollars off of the total that I will have spent over that period. If I choose to also make an extra payment with the year end tax refund I’ll most certainly be getting the loan will be shortened an ADDITIONAL 5 years and I’ll be saving $116,395<\/strong> over the term. The bank will absolutely hate me and that’s fine. I want them to hate me and sell my loan every other month if it makes them feel better. Know what makes me feel better? One Hundred Sixteen Thousand Three Hundred & Ninety-five dollars.<\/strong> And Seven Cents<\/em>. I’ll be 50 years old before I get to laugh all the way to the bank with my final payment if this plan stands. 18 years is a long long time to live in one home but you never know. One thing I do know is that I plan on doing a good deal of damage to the principle of this loan over the next few years. There’s an old tradition of displaying an eagle on a home you own. I can’t wait for the day that walk out of the bank, still laughing, and stroll over to the corner Iron Eagle store. I already have a spot picked out on the house. Until that time I’ll be pouring every cent I have (that’s earning less than 6.8%) directly into the house and I’ll have it paid off before I’m 50. You can bank on that.<\/p>\n

Linkie:
\nExcel spreadsheet to show interest savings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pictures are uploaded & the first check is in the mail! <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/posts\/70"}],"collection":[{"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/comments?post=70"}],"version-history":[{"count":0,"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/posts\/70\/revisions"}],"wp:attachment":[{"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/media?parent=70"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/categories?post=70"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ericles.com\/news\/wp-json\/wp\/v2\/tags?post=70"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}