Lounging By the Beach - Part 3
- Thread starter JustaGuy
- Start date
- th_trl_thread_readers 0
- Status
Happy Groundhogs day!!!!
And today my baby brother would have been 59.
If I get detoured from here today, it's because there's a chat going on with family and friends on FB. Memories are wonderful things and he was an ornery guy with a sense of humor to match!!!
And today my baby brother would have been 59.
If I get detoured from here today, it's because there's a chat going on with family and friends on FB. Memories are wonderful things and he was an ornery guy with a sense of humor to match!!!
A couple months ago it was eleven years since we lost him, and everybody talks about the good times now.
He was one of the funniest guys to be around. He also had our dad's temper which wasn't all that nice. I think we all have a bit of that because when we blow, we blow. Today we are talking about his yellow Camero and how it just wouldn't stay on a road!! Scary back then but funny now.
So what is Glam up to today?
He was one of the funniest guys to be around. He also had our dad's temper which wasn't all that nice. I think we all have a bit of that because when we blow, we blow. Today we are talking about his yellow Camero and how it just wouldn't stay on a road!! Scary back then but funny now.
So what is Glam up to today?
Not much, jj....hubs is on his way home from office. He is going to swing by here and get my signature for a house refinance. His company's credit union is offering a 2.5% mortgage rate....we only have 7 years left on our mortgage...but this reduced rate will save us $16,000 dollars. Then he is going to the local post office to mail the papers and pick me up some black sunflower seeds for my bird feeder. Our ground is snow covered so they are begging.
I am sorry you lost your brother. That had to be a rough time. I lost a sister 12 years ago, and it is still sad. But you are right....there are lots of good memories, and that is what I think of when I remember her.
I am sorry you lost your brother. That had to be a rough time. I lost a sister 12 years ago, and it is still sad. But you are right....there are lots of good memories, and that is what I think of when I remember her.
Hey good deal on the house interest and smart to do it!!!
It snowed here too. We didn't get much. Neighbor came over to borrow the CubCadet that has the snow blower on it. DH told him it wouldn't do much because there wasn't much snow but he wanted to try it since there was so much area at the church to clear.
Oh well, he probably had a fun ride!
Sorry about your sister. She had to have been young like my brother.
It snowed here too. We didn't get much. Neighbor came over to borrow the CubCadet that has the snow blower on it. DH told him it wouldn't do much because there wasn't much snow but he wanted to try it since there was so much area at the church to clear.
Oh well, he probably had a fun ride!
Sorry about your sister. She had to have been young like my brother.
Well I wish that all it was doing around here was raining.
Fixing brunch and it smells really good but I don't think bacon ever smells bad!!!
Fixing brunch and it smells really good but I don't think bacon ever smells bad!!!
No it doesn't.....what a mouth watering smell too. We are splurging tonight......crab legs for dinner. In my top 10 list of favorite foods....but so dang expensive. Got them on sale at local market....hubs can crack and eat a whole pound while I am just trying to open one leg. I do get mad...at least he does help me when it gets down to only one cluster left, and I am still trying to open my first cluster. Did I tell you my Polish heritage shines through when trying to open crab legs?
Aloha Sun, Glam & jj! 
s
Glam, in a typical 30 year mortgage, the interest is front loaded. The monthly payments are almost all interest in the first years and nearly all principal in the last years. If that's what you had, you would have paid almost all the interest already and are paying the principal these last few years.
2.5% is a great rate, but does it stretch the payments out for another 15 or 30 years? Once again, the first 10 years of so, you'll be paying interest only again, though very low interest. I wonder how much the total payments of your new mortgage exceeds the total of the remain payments on your current mortgage? While its saves you $16,000, in the long run, it would cost more, especially if you had to pay "points", more upfront interest charges in order to get the good rate.
However, there are cash flow, the present value of money and tax considerations. Reducing your monthly payment will improve your cash flow and allow you to do other things with that cash, making more than 2.5% interest somewhere hopefully. The payments stretched into the future cost you less since the future value of money is always less than the present value (Finance 101). Lastly, there would not be much interest you can deduct off your taxes in your current mortgage, but there will be in your new mortgage.
Congratulations!
I need more coffee.
sGlam, in a typical 30 year mortgage, the interest is front loaded. The monthly payments are almost all interest in the first years and nearly all principal in the last years. If that's what you had, you would have paid almost all the interest already and are paying the principal these last few years.
2.5% is a great rate, but does it stretch the payments out for another 15 or 30 years? Once again, the first 10 years of so, you'll be paying interest only again, though very low interest. I wonder how much the total payments of your new mortgage exceeds the total of the remain payments on your current mortgage? While its saves you $16,000, in the long run, it would cost more, especially if you had to pay "points", more upfront interest charges in order to get the good rate.
However, there are cash flow, the present value of money and tax considerations. Reducing your monthly payment will improve your cash flow and allow you to do other things with that cash, making more than 2.5% interest somewhere hopefully. The payments stretched into the future cost you less since the future value of money is always less than the present value (Finance 101). Lastly, there would not be much interest you can deduct off your taxes in your current mortgage, but there will be in your new mortgage.
Congratulations!
I need more coffee.
Last edited:
Oh I can hear you know!!!!!!!!!!
DH discovered he wasn't quite ready for food last night so it's back to soup or something lite.
That means I don't have to cook.
I know I should feel terrible about him not feeling 100% yet.
DH discovered he wasn't quite ready for food last night so it's back to soup or something lite.
That means I don't have to cook.
I know I should feel terrible about him not feeling 100% yet.
Aloha Sun, Glam & jj!
Glam, in a typical 30 year mortgage, the interest is front loaded. The monthly payments are almost all interest in the first years and nearly all principle in the last years. If that's what you had, you would have paid almost all the interest already and are paying the principle these last few years.
2.5% is a great rate, but does it stretch the payments out for another 15 or 30 years? Once again, the first 10 years of so, you'll be paying interest only again, though very low interest. I wonder how much the total payments of your new mortgage exceeds the total of the remain payments on your current mortgage? While its saves you $16,000, in the long run, it would cost more, especially if you had to pay "points", more upfront interest charges in order to get the good rate.
However, there are cash flow, the present value of money and tax considerations. Reducing your monthly payment will improve your cash flow and allow you to do other things with that cash, making more than 2.5% interest somewhere hopefully. The payments stretched into the future cost you less since the future value of money is always less than the present value (Finance 101). Lastly, there would not be much interest you can deduct off your taxes in your current mortgage, but there will be in your new mortgage.
Congratulations!
I need more coffee.
Yes...you need more coffee, Jag.
We are setting up the new mortgage for 5 years......and the payments are lower than we pay now. In 5 years it will be ours, instead of 7 years at 5.5% (our current rate). Did I mention that my husband, along with insurance agent, is also a financial planner. He is SEC licensed and has to take a bunch of courses every year. But I do love you for all your concern....
Yes...you need more coffee, Jag.
But I do love you for all your concern....
I'm sure I can take lessons from your DH and we'd have lots of interesting things to talk about.
It sounds like a great deal. Did I tell you I like talking about money? You're welcome.
Oh I can hear you know!!!!!!!!!!
DH discovered he wasn't quite ready for food last night so it's back to soup or something lite.
That means I don't have to cook.
I know I should feel terrible about him not feeling 100% yet.
Does this mean another popcorn dinner for you?
I'm sure I can take lessons from your DH and we'd have lots of interesting things to talk about.
You're welcome.
I never would have guessed!
Thank you jag. As I said brother has been the topic on FB. It's great to hear all the great memories. Especially from his kids.
Now there's one great option. Maybe I'll eat a salad first!!
Oh and jad, just a song I came across that I like.
- Status
Similar threads
