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Embarrass WI | We do have a loan on some farmland, the money that would have paid for the pickup got applied to the land loan so it did save us 3.5%.
In about 3 months, we will be debt free, again. Last time I swore I was never going to borrow money again, then in late 2012 100 A of good quality land that lays between two parcels we already owned came for sale, and I just couldn't resist, even though it meant borrowing from the bank again.
The pickup payment is not large enough to cause a hardship, and it's on autopay so it doesn't get forgotten, and I'm going to have full coverage insurance anyway. Other than the idea of 'owing money', I can't think of a good reason to pay it off early. | |
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Paying off 0% loans .... Your thoughts?
