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Old 02-08-2013, 11:16 AM   #5
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cmarsh31
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Re: When the house is paid off... then what?

In addition to to property taxes and insurance, how does it affect your federal & state taxes? If we didn't have our mortgage interest to deduct, I know we'd end up paying a LOT each year (heck, before we bought our first house, when we were making combined less than half of what DH makes now, we had to pay). Make sure you look into that if it's an issue so you have the amount you need saved up!

Congrats!!!!
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