Social Question

RedDeerGuy1's avatar

How many months until your debt is paid?

Asked by RedDeerGuy1 (13204points) November 23rd, 2017

My non student loan debt will be paid by December 20. What about you?

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19 Answers

rebbel's avatar

I’m debt free since 1998.
And before that, from ‘67 till ‘93.

LuckyGuy's avatar

Debt free since the mortgage was paid off in ~1995.

janbb's avatar

Paid off my mortgage two years ago.

RedDeerGuy1's avatar

Thanks @all congratulations.

anniereborn's avatar

we are in perpetual loan debt

ARE_you_kidding_me's avatar

I still have a mortgage. Probably ten years at least.

Aethelwine's avatar

I’m in @anniereborn ‘s boat.

Mimishu1995's avatar

What is debt?

JLeslie's avatar

I have a mortgage that still has 28 years and 10 months to go, or, maybe it’s 13 years 10 months? I don’t remember if I talked my husband into the 15 year loan. And, a bond through the county that is 28 years that is related to the same house. I can pay them both off now if I want to. I decided I wanted to leverage this house a little, because I might turn it into a rental.

I have a lease on my car that has about 2.5 years to go.

I think that’s it.

SQUEEKY2's avatar

Total debt free as of around five years ago.

johnpowell's avatar

Do medical bills count? If they do then I will never be debt free. I have no credit card debt or student loans or mortgage or car loans or owing family money

But my medical bills could buy a small town in Nebraska.

flutherother's avatar

I’ll be in a position to pay off my mortgage in one years time but I’ll probably let it run its twelve year course.

imrainmaker's avatar

Not until 2027..(

cookieman's avatar

Hmmm…about three years after I die.

Pinguidchance's avatar

1/ i is the price of a perpetuity.

Patty_Melt's avatar

I won’t know until all the biopsies are done.

tedibear's avatar

Three more years on a car, probably 10 to 12 on the house.

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