Layout:
Home > My mortgage rate just hit 0%

My mortgage rate just hit 0%

May 10th, 2011 at 08:03 pm

And nope, that's not a typo. I just got a 0% rate, $0 transfer fee offer in the mail from one of my credit cards. In fact I don't even have to transfer the money from another card, they sent me checks I can write to myself. Hmmmm, lets see... they are limiting it to $7,000, I have a mortgage balance of $8,850... you know, I think I can do this. In fact I *KNOW* I can do this.

The offer says I have to pay it back by April 2012, I have over $10,000 in CDs maturing between now and then, soooo.... pay off the mortgage this month, pay maybe $800 per month on the credit card until the CDs mature and then pay the balance at that time. Yep, that sounds like a plan.

Woohoo, more ways to save money. YESssss, I like it.

9 Responses to “My mortgage rate just hit 0%”

  1. Ima saver Says:
    1305058278

    Wow, that is great!!

  2. Petunia 100 Says:
    1305059648

    That is awesome! Congrats on paying your mortgage in full!

  3. Apprentice Bliss Hunter Says:
    1305059854

    Wow - Debt-Free including Mortgage-Free on the Horizon - phenomenal !!

    As a fellow single man, just want to say congrats on being "happily connected" too.

    Enjoy the good times ! :-)

  4. creditcardfree Says:
    1305060425

    Nice plan!!

  5. MonkeyMama Says:
    1305062871

    Yay - sounds great!

  6. LuckyRobin Says:
    1305087680

    Wow, that's a nice deal.

  7. Tabs Says:
    1305095844

    Um what?! I want a 0% loan. Big Grin Congrats!

  8. dmontngrey Says:
    1305134588

    Ooh, I'd jump all over that deal for sure! Good plan! Big Grin

  9. patientsaver Says:
    1305152814

    Gee, maybe I should remove myself from the No Junk Mail List.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]