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Old 08-12-09, 04:13 AM   #13
Peakster
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Join Date: Feb 2009
Location: Regina Saskatchewan Canada
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I'm quite surprised of how fast the mortgage is going down. Right now the amortization is sitting at 11 years, 0 months as long as I keep up the current payments. A comforting thing is that I can always go back to the original 35-year amortization and payments anytime if I ever lost my current day-job, or had a vacancy for a long time, etc.

It will take a while, but I'm hoping that I can eliminate the deficit in the next year or two (or at least on paper. Canada Revenue Agency will probably love me when tax time comes around!). To tell you the truth I'm hooked with this roommate thing. It's not really a 'get-rich-quick scheme' but it's turned out to be pretty easy considering I was a property virgin just 6 months ago!

$1400/month = $1.94/hour whether I'm at home, at work, or out of the city completely. Literally make money while sleeping!

Last edited by Peakster; 08-12-09 at 04:19 AM..
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