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Message: <blockquote data-quote="Schiffy" data-source="post: 378883" data-attributes="member: 17965">Anybody can buy a house and pay it off... if you buy a house say for $100,000 grand, make 1 extra $200 payment a year towards the PRINCIPLE, and you can end up paying your house off in 15 years... the wife and I's plan is to pay an extra $200 every other month when we buy our house on a 15 year loan(that VS a 30 year loan, alone saves you around $66,00 on a house listed at $100K) and should have the house paid off in 4-6 years. You just gotta be smart and know what you're doing, and where your money is going... :thumb:  as for the stimulus check, some is going towards our trip to FFW, the rest is going to debt... we'll be 100% debt free by this time next year, and then we're buying our house. so the ONLY bills we'll have is the house. pay that off in 5 years, and we'll be living large on a $45,000 a year income.</blockquote>