We do like UltraDog... we always pay extra. In fact, when we get our land rent each spring, we make our principal (plus extra principal) and interest payments for the entire upcoming year... which lowers are principal balance BOOM.
We have them put our interest payment for the upcoming year into a Funds-Held account and then they pull the interest when due each month (and our money earns interest while sitting in the Funds-Held account....more than the half percent it would earn in a savings account).
We nearly had our farm paid off once... then we tiled our land. BUT we get higher rent for tiled land AND we should still be able to pay-off the mortgage before we retire...God willin'.
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Today's Featured Article - The Mud Daubers and the Old John Deere - by Jon Zehnder. I have a 1941, John Deere Model A tractor I have owned for about a year and a half. This is my first (in case my wife reads this, "FIRST") tractor and it has been a learning experience. After considerable advise and assistance from local tractor nuts and the forums of Yesterday�s Tractors, I had finally got it running pretty well. I have tuned it up, overhauled the carburetor, installed a borrowed, rebuilt magneto, installed a new Power-Trol, patched the radiator, installed new front wheels a
... [Read Article]
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