Cassiel Unleashed

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[Cassiel Unleashed @Cassiel_Solos]

@goliathgroyper @DerrickEvans4WV I'm not sure what's going on. As I've said to several in the comments the remainder of principal doesn't sound right. There's nothing I'm not telling you all. I've made all my payments on time for the full 7 years. I need to call the bank and find out what's going on with that.

[Cassiel Unleashed @Cassiel_Solos]

@bizcreditfixer @DerrickEvans4WV Take a smaller mortgage. My dude I am not going to live in a 200,000 dollar 1000 sq ft box.

Contribute less to retirement? I'm already not contributing enough and am super far behind where I should be. Why would that help anything in the long term?

[Cassiel Unleashed @Cassiel_Solos]

@WDM_14 @DerrickEvans4WV I agree but I don't think, home, school, or auto should have interest rates. It makes the dream of pursuing these things far

Maybe business loans and personal loans and personal lines of credit should but not basic life necessities.

[Cassiel Unleashed @Cassiel_Solos]

L take. Student loans are expensive because young students are easy to trick into signing for loans without a baseline understanding of compound interest and are also sold the fantasy that a degree will result in making 100K plus a year so they sign the loan on the idea that the return on investment will be worth it and for a vast majority of students this is not true. That's what happens when you treat education as a business and not a way to give opportunity to people. Why do you think everyone is so fucking stupid now? They can't afford school and the public education system does not teach important life skills.

[Cassiel Unleashed @Cassiel_Solos]

Yes I do. Only for home and auto loans though. I know it sounds silly but it's an amazingly large sum of money to begin with and house/car are basic life necessities. It's shouldn't be so ridiculous challenging trying to own one. And as people have pointed out I'm making interest payments for the first 15 years meanwhile if interest didn't exist in the first place I'd have the god forsaken house paid off in 15 years.

[Cassiel Unleashed @Cassiel_Solos]

@AnkoEdku @DerrickEvans4WV I could if I had the income to do so.

[Cassiel Unleashed @Cassiel_Solos]

@IStretchYou @DerrickEvans4WV I see. Well where does one learn about this so they don't make bad choices like me? It seems it would have been ideal for me to be making extra payments.

[Cassiel Unleashed @Cassiel_Solos]

@shari1412550 @DerrickEvans4WV That's fair. I should start doing that. I thought I had to pay double. I didn't realize there was an option to pay just a little extra.

[Cassiel Unleashed @Cassiel_Solos]

@rcjparry @DerrickEvans4WV Yeah I just learned about that in the last year. I've been told doubling my principle payment would help but I haven't had the means to do it.

[Cassiel Unleashed @Cassiel_Solos]

@shari1412550 @aarnott @DerrickEvans4WV I'm just saying the interest feels more like a trap. Yes the bank has to make money on the loan. Understandable. But why does it have to be so frickin much?

[Cassiel Unleashed @Cassiel_Solos]

@kurdts @DerrickEvans4WV It's not the same but it's still interest on loan. It's relative.

[Cassiel Unleashed @Cassiel_Solos]

@CyfIuthrin @shari1412550 @DerrickEvans4WV I'm grasping it I just didn't understand it when I bought the home initially.

[Cassiel Unleashed @Cassiel_Solos]

@shari1412550 @CyfIuthrin @DerrickEvans4WV Well I do through the escrow analysis yearly. Depending on how that works out I pay off the balance if I owe. This was the first year my taxes went down so my mortgage dropped a little. It is a standard fixed 30 year.

[Cassiel Unleashed @Cassiel_Solos]

I'm trying man. Things keep happening that keep throwing me into debt. Luckily I had the money saved but my AC and furnace just went out and that set me back 5500. My neighbor is in HVAC and is doing the installation for me for free thank God. There's a couple things we can still cut costs on but it ain't much. Certainly not enough to make extra payments.

[Cassiel Unleashed @Cassiel_Solos]

I could afford the house fine when I bought it. Both my wife and I earned south of 100k. Now she's stay at home mom and I'm grossing less than 65-70k by myself. Inflation and increase food prices and the cost of home and auto maintenance is pricing me out of my home. It's hardly doable anymore. I'm about to take a massive risk and try and start a company so I can make more money. Even having a technical career it is hard to find places that want to pay more. Believe me pal it's not for lack of trying. I'm doing my damndest out here and it's just not good enough.

[Cassiel Unleashed @Cassiel_Solos]

@FoolofArmenia @kwo_kwo @CyfIuthrin @DerrickEvans4WV No I know I'm lucky. I'm more so upset for those with much higher interest rates. It's crazy that anyone can afford more.

[Cassiel Unleashed @Cassiel_Solos]

@ConfusedPOLs @DerrickEvans4WV I'm aware of that. However I cannot afford it.

[Cassiel Unleashed @Cassiel_Solos]

@mat0366 @MarkedlyStupid @DerrickEvans4WV Why not? They don't teach it at school and it's not exactly the easiest thing to understand.

[Cassiel Unleashed @Cassiel_Solos]

@MrPantsPie @aarnott @DerrickEvans4WV Believe me if it were up to me I'd just paid outright but I didn't have 367,000 dollars burning a hole in my pocket.

[Cassiel Unleashed @Cassiel_Solos]

@FoolofArmenia @CyfIuthrin @DerrickEvans4WV My house is not worth 700k it's more like 430-450. Where did you come up with that insane number?