Mortgage plus some other minor debts and we’re just over $400,000.
Zero. There’s about $1,300 on the credit card but I pay it off in full on the day it’s due (and not a day before) so I don’t regard that as a debt.
The gas bill is waiting to be paid but it also gets paid on the day it’s due (and not a day before).
Like many others here, we’ve got no debt outside of our mortgage. The mortgage interest deduction makes it worth having. We took out a 30 year loan 6 years ago, but we should have it paid off less than 10 years from now.
Zero. No mortgage and no long-term debt. Credit card paid off every month. It’s been that way for some years now. Hopefully it will stay that way.
If you had asked me this just a month ago, the answer would have been zero. Today, it’s about US$65,000. That’s because the wife just put a down payment on a unit in a new condotel being built on a beach over along our Eastern Seaboard, in Rayong province, and that’s how much it’s going to cost. The developing company is owned by a family she’s known since childhood. We’ve always paid cash for our homes, but this place will be rented out to vacationers, we won’t be living in it, and we don’t have a spare $65,000 to drop down right now (especially not since our East Coast USA tour in April). Construction will begin this year and be finished in 2014. The unit we’re buying is beach-facing and one of the few with a balcony, so we expect (hope) it will be easy to occupy. This is really the wife’s project; she’s handling the whole thing herself. But as her spouse, I have to sign documents too, and the debt is mine too.
But… . but… how will your pidgees follow you???
Mortgage, nothing else.
I don’t consider mortgage to be debt because the value of my house is greater than my mortgage and so the mortgage would be gone if I sold the house.
Other than than I have a smallish student loan remaining (at ~8%…I WISH I was so lucky to have only 6%, but can’t because I reconsolidated several loans into one ages ago) and about $12k remaining on my car loan that will be paid off in two years.
Zero besides the mortgage, which is $200-250k.
150-175k. House and student loans.
That’s just MY debt. Add MrPanda’s student loans and we’re up to a little over 200k.
sigh FML.
Two of my cats needed surgery last year. The kind that was “do or die,” so I did it. Still paying Care Credit off for those, should be done in December.
I hit the 3-5000 button. That’s about what we have on our credit cards each month. We pay it off each month so we don’t have any interest.
Zero debt. I still consider myself as “poor”. Not much retirement savings, low-ish income, need to buy another house in the near future.
I owe about 60K on my mortgage, my car will be paid off this fall. I was out of work for much of last year and have been underemployed since, so there is some cc debt from that (a terrible way to pay for things, I know, but it had to be done). I just got a part time job in addition to my full time job and I am taking on a roommate. This should put me back in good shape (i.e. only owing the mortgage) by Christmas of this year.
I really want my mortgage paid off by the time I am forty.
A few hundred on a credit card, but I don’t really consider it “debt”. I use the credit card rather than my bank card because my bank card doesn’t give me cash back or airline miles. I don’t put anything on the card that I couldn’t just pay for in cash and I pay it off every month.
No, no, no. As I said, we won’t be living there. It’s purely to rent out. We’re staying put here in our place in Bangkok.
Right now, I probably have a couple thou on my credit card, but that is automatically paid on the 24th of every month (tomorrow) so I counted it as 0. House paid off over 20 years ago, bought my car for cash, so just current credit balance.
Me personally, $80k in student loans. The car is paid and we rent an apartment.
I’m not getting “I have zero debt except for…” Then you have debt. This isn’t hard.
Then again I can see the confusion given the 800 possible answers available :rolleyes:
None. It’s a happy fact that our house and cars are paid off, as are our credit cards on a monthly basis.