Paying off the mortgage early is a decision I made after careful consideration, and every step is full of emotional fluctuations and helplessness in life. Today, when I transferred 50,000 yuan to my mortgage account again, I knew that I was one step closer to that goal of being debt-free and light.
Looking back, buying this house can really be said to have done everything we have. At that time, we were full of longing for a better life, but we were also well aware of the hardships of this road. Down payment, renovation, furniture and appliances...... Every expense is like a mountain, weighing us down. But even so, we gritted our teeth and persevered, because we knew that with this home, there was a haven to shelter from the wind and rain.
However, with the monthly deduction of the mortgage, our lives have also started to get tight. Don't dare to change jobs easily, for fear of cutting off your source of income; Don't dare to travel easily, for fear of adding extra expenses; I don't even dare to get sick easily, for fear of bringing a greater burden to my family. This kind of life has made me feel unprecedented pressure. Every time I lie in bed in the dead of night, I think: When will this mortgage be a head?
In addition to the reasons mentioned above, there are some deeper considerations for me to choose to prepay my mortgage. It is an indisputable fact that mortgage interest rates are high. We borrowed 1 million, and in 30 years, the interest to be repaid was as high as more than 700,000. How nice it would be if this money could be used to invest or improve your life! However, the reality is cruel and we have to work for decades for the bank. So, I chose to prepay my loan, even if I could only pay a little less every month, but at least I could see hope and see that debt-free and light days beckoning to me.
Psychological stress is also an important reason why I choose to repay my loan early. In this society, who doesn't have a little pressure? However, the pressure on me from a mortgage is different. It's like a ticking time bomb that explodes on time once a month, reminding me: you still have a debt to pay! This kind of pressure makes it impossible for me to work and live with peace of mind. I knew that only by paying off my mortgage as soon as possible could I get rid of this shackle and truly live for myself and my family.
Of course, I've also considered other investment avenues. However, in this day and age, there are really too few good investment opportunities. Stock market, funds, real estate...... Which one is not a combination of risk and opportunity? And, even if I can find a good investment opportunity, I have to consider the ratio of risk to return. Why should I risk my money if the yield isn't as high as the mortgage rate? So, after all the considerations, I still chose to pay off the mortgage early.
From last year to now, I have repaid 190,000 in advance. After each repayment, I calculate how much money I have left and how many years I still have to pay. Whenever I see that number gradually getting smaller and the number of years being shortened, I feel an inexplicable sense of joy and accomplishment in my heart. I know that this is the result of my sweat and hard work; I also know that this road is difficult but worth it for me to continue.
In the future, I will continue to pay my mortgage prepayment until I am stress-free. Although the process may be long and arduous, I have the confidence and determination to achieve it. Because I believe that as long as we persevere and work hard, as long as we bravely face difficulties and challenges, we will be able to usher in our own spring!
Looking back on the past, although the days of running for a mortgage were full of hardships and helplessness, it also made us cherish our current life and the company of our family more. Whenever I see the happy smiles on my family's faces, I feel that all the efforts are worth it. Because I know they are my biggest motivation and my biggest support.
In the days to come, I will continue to work hard and strive to earn more money to pay off the mortgage as soon as possible. I believe that as long as we work together and work together, we will be able to create a better future!
Of course, in this process, I will continue to learn and improve myself, and strive to find better investment opportunities so that our family wealth can be better valued. After all, prepaying our mortgage is just one part of our lives, and we need to do more planning and planning for the future of our families.
Finally, I would like to say that prepayment of the mortgage is not an easy task, it requires us to have firm faith and perseverance to face and overcome various difficulties and challenges. But as long as we believe in ourselves and believe in the future, we will be able to overcome all difficulties and achieve our dreams and goals!
What about you guys? Are you struggling with your mortgage like me? If anything, I would like to say to you: Come on! Believe in yourself and you will succeed! If you haven't already, then please cherish your present life and the company of your family, plan and plan for the future, and let's work together to create a better future!