• Welcome to the Mortgage Payoff Club! We're weird about paying off our mortgage crazy early.

    Inspired by Dave Ramsey's "Total Money Makeover" and the blog Budgets are Sexy, I decided to create this private club to help inspire its members to acheive a mortgage free life.

    Being a freelancer with an unsteady income, the idea of having no payments whatsoever is extremely alluring. We’ve already slayed the debt beast and the only thing left is the mortgage. Without extra payments it’ll be paid off in June of 2041!? I’ll be 65. I want to pay this thing off in my forties.

    Can I do it? Let's all do it. Get your username on that Leaderboard! We already have one member who paid off his house in freaking Silicon Valley, CA!!! of all places. Who will be next?

    Register here. (It's free!) Accounts are manually approved and it's a private site as I only want members who are seriously weird about paying off their mortgage crazy early .

Mortgage Payoff

Why payoff your mortgage? Freedom. I haven't had a car payment in 6 years and I REALLY love that feeling. Imaging that feeling but having a paid off house. That'd be bliss.

Why payoff your mortgage? Less stress. I'm freelance and the sole earner for my family of five. I've been blessed with working relatively constantly but that isn't guaranteed. Having a paid of mortgage would give me peace of mind and significantly reduce the worry that I have during the dry spells.

Why payoff your mortgage? Being completely an utterly DEBT FREE. Can you imagine not owing a cent to any bank?

People say it's pointless to payoff your mortgage as the rate is relatively low. (in our case it's 3.99%) That's still a lot of money going out the door that doesn't have to. Currently we pay around $900 in interest and dropping with each payment. That's money that I want for my own. Being in debt is also too much risk. Of course I don't want to pay off the mortgage and not have an emergency fund as money you put to pay off your mortgage is money that you can't really access anymore in case of an emergency. That being said paying down your mortgage as quickly as possible is definitely what I plan to do for all of the reasons above.

So this is why I started the Mortgage Payoff Club. Who's with me?