Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TygrBright

(20,756 posts)
9. Not me.
Sun Mar 12, 2017, 08:42 PM
Mar 2017

We have the mortgage payment debited directly from the checking account. As it's scheduled during the first week of the month when a number of other automatic payments are debited, it is very important that the amount be predictable, so that I avoid activating overdraft protection. Our cash flow is usually very low then, and kicks in the second and third weeks of the month.

I do make an additional principal payment monthly, with a separate coupon, by check. We'll be downsizing in the next few years and I'd like to be able to zero out this mortgage in a timely manner when we're looking for a new one.

And I'd like to identify a lender who will provide simple customer service as requested.

wistfully,
Bright

Latest Discussions»Culture Forums»Personal Finance and Investing»Looking for Mortgage Lend...»Reply #9