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I think originally we had a traditional 2nd mortgage. The HELOC was fixed at 7 or 7.5% I am not sure as DH pays that one and the student loan is at 4.86%. I was originally going to target the student loan since we don't get a tax break, but I think as much as possible will have to go to the HELOC.

Disclaimer: if the mortgage figures don't add up quite right it just means that I did a ballpark estimate. I don't pay it, so I haven't been tracking it.

The house isn't horrible, its just starting to need a lot of things. In the next couple of years its going to need a new roof, to be repiped, furnace, water heater, and the exterior concrete needs to be done. But hey I'm a girl. I want a new kitchen and new bathrooms. DH and I tore out the ugly brown carpets and put bamboo floors in the dining area ourselves, and linoleum tile in the family room and kitchen. We also put in a whole house fan and attic fan this year. I am too er...frugal to get A/C.

I put about 6K in the home improvement fund each year and it gets eaten up. Labor is also horrendously expensive. At some point I'll have to get serious about the kitchen. It doesn't have GFCs and the cabinets are almost useless.

I have a commitment to funding improvements as I go, so more cc debt.


Thanks for the suppport. I have to admit that reading this board has really helped me over the last few years. Hmmm. Now that i have started I don't seem to be able to stop typing.
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