Opinion on paying off my upstairs and then house.

So most of you know, I took a new role at my current job which was a pay cut because I don’t get my built-in overtime working 40 hours a week. Come January we go back to shift where I will make my money back up. This will be roughly $800 a month thought about going to night shift to get shift differential which would be extra 15%.

My main reason would be to pay off my Upstairs when we finished it, we used home equity line to finish it with the interest rate it’s roughly $1100 a month. My goal was to pay that off as fast as I could by paying $1000 extra on it. Then after I paid off my Upstairs, I would then put the extra thousand plus the thousand dollar payment on my actual house to pay that off. I kinda crunch numbers look like I could get everything paid off roughly around the age of 42. And that’s not being overly aggressive, but intentional. Do you think this is a good strategy always thought about being financial free and not having a house payment would be pretty fucking cool and then invest extra money into the stock market I do Work but like you said you can’t really touch it till you retire

But after listening to last nights call, kinda thought about still doing that but then also investing a little bit on side to build that up early. I have a lot of thoughts so any help would be appreciated.

6 comments