We Are Mortgage Free!

This has been an amazing year so far. Both personally, financially and websitely (not a word, but it should be). Still there is something extra special in getting to share this with you.I’m very proud and excited to announce that we are officially mortgage free! This has been a huge step forward in our Family Money Plan. It’s also the conclusion of our last 5 ended up being 6 year plan.

(If you are looking for a more in-depth guide I invite you to check out our Guide: How to Hack Your Mortgage and Save $1,000’s )

6 Years of Continuous Action Taking

Mortgage FreeAfter 6 years of dedication and planning and revising the same spreadsheet over and over again we are finally mortgage free. It’s been a very happy last couple of days for us. We have been working at this for so long. Driving down to the bank, to put down our last extra payment amount was exciting. I’ve had a permanent grin on my face the entire weekend. I even did “WOOHOO!” scream at the top of my lungs when I got outside the bank. Much to the shock of a few people walking buy.

It feels so good to have this financial marker checked off

In a lot of ways accomplishing this is why I started this site. Over the past 6 years we have been hacking away at our debt. I didn’t want to start a site until I knew what I was doing was worthwhile to share. The last thing I wanted to do was lead anyone down a path that ended nowhere.

Not that the past hasn’t been share-worthy, it’s just been a different focus.

Now Check Out  Net Worth Update for December 2015

Mortgage FreeWhen I first brought up the idea with my wife, I could tell it was hard to understand. We had two little kids, one income at the time, a brand new house, and honestly no idea if what we were going to set out to do was the right thing, let alone feasible.


Looking back it seemed impossible in the beginning, but decided to do it  anyways. Like anything new when you start out its hard, but we kept working at it. Over time the hard things got easier, and then they became habit. It all boiled down to making some new money habits. Anyone can do it.  I’m just a regular guy with a very awesome and encouraging wife. Together we set our goal and kept at it.
There have been a lot of sacrifices over the past 6 years. Looking back on all of them, I can safely say they have been worth it.

To my beautiful wife I say “Thank you for seeing this crazy idea of ours through. I promised it would be worth it in the end.”

She couldn’t agree more, it’s definitely worth it.

Mortgage Free – The New Frontier

I’ll detail every thing in the next post on how we did it and our logic around everything. Next up is the getting rid of the car payments and then we are completely debt free.

PS: If you are mortgage free and want to display the badge on your website you are welcome to it. You can access it here.

6 thoughts on “We Are Mortgage Free!

    • Thanks Harmony! It’s definitely possible. If you can come up with a plan and stick to it the rest gets easier as you go along. Eventually it becomes a good obsession to watch your debt melt away!

  • Congratulations to your family on this momentous achievement. I can’t wait to read all about how you did it. My husband and I have also set a goal to pay off our mortgage by July 21, 2020, which would mean we paid it off in 14 yrs instead of the original 25. Not spectacularly fast but we’re excited about it. God willing we will both be employed over the next 4.5 yrs to see this through. The economy is in a downturn where we are in Alberta, Canada, but we’re plugging away with double up payments, lump sums and yearly increases. Thanks for the inspiration!

    • Hi MJ. First of all congratulations on taking your financial future in your hands. Giving yourself a specific date is an awesome idea. 14 years is way better than the 25. Good job! I’m glad I could help. Thank you for your very kind comment! It made my day. 🙂

  • Congratulations on being mortgage free! I can’t wait to see what your plans are for the future and how you go about building more wealth now that you have the mortgage out of the way.


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