Home buying thread

Haus said:

So today I find myself pondering something involving Chez Haus.

We have a pretty tiny scrap left on a ~3% interest mortgage (To the tune of less than a decent new car amount of money). I have kept to my logic that the money I can deploy is making more than the mortgage rate so it doesn't make sense to pay it off. This seems to be good logical thinking.

But now I'm realizing the high yield savings account I keep a good portion of my "quickly accessible buffer cash" in has two characteristics which is giving me pause :

• The bank has dropped the interest rate for the third time this year. It's now only paying around .3% more than my mortgage rate
• The amount I have over time squirreled away into this account is around 150% what it would take to pay off the mortgage.

So now, on this chilly Saturday, I am sitting here wondering if the "good feeling" having my mortgage wholly paid off would give me would be worth losing that .3% yield benefit....

Am I insane? Is there something I'm not considering here? Should I instead move it into something just more lucrative (like SPY at a minimum...)

Click to expand...

The difference in outcomes prob not worth the time you’ve spent thinking on it

Haus said:

So today I find myself pondering something involving Chez Haus.

We have a pretty tiny scrap left on a ~3% interest mortgage (To the tune of less than a decent new car amount of money). I have kept to my logic that the money I can deploy is making more than the mortgage rate so it doesn't make sense to pay it off. This seems to be good logical thinking.

But now I'm realizing the high yield savings account I keep a good portion of my "quickly accessible buffer cash" in has two characteristics which is giving me pause :

• The bank has dropped the interest rate for the third time this year. It's now only paying around .3% more than my mortgage rate
• The amount I have over time squirreled away into this account is around 150% what it would take to pay off the mortgage.

So now, on this chilly Saturday, I am sitting here wondering if the "good feeling" having my mortgage wholly paid off would give me would be worth losing that .3% yield benefit....

Am I insane? Is there something I'm not considering here? Should I instead move it into something just more lucrative (like SPY at a minimum...)

Click to expand...

Plus you're paying taxes on the interest you're getting from that savings.

A bit late to the party, but the first design looks good. Could try some modifications by taking queues from the third. They centered a larger door setup just fine on the third one. You also have a double door option and I love me some metal double doors.

Not a fan of flower boxes unless you seriously think the wife (or you) is going to keep them going. Plus, if you put furniture in front of the window, it makes it that much harder to keep them looking good/growing, due to access, or it limits what you are willing to place in front of the windows, inside. So nix them and take the design queues from the third render. Move the design inside the yellow boxes (other than the windows) up onto the first render and drop (or maybe even keep) the middle awning.


Just picked the first few metal doors on GiS, there are a ton that look awesome, but hard to say how they would matchup on that particular house: