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Rob's in Indiana.

Hey, Rob, what's up?

Hey, thanks for having me on.

I have a very quick math nerd question for you guys.

Dave is your man. Dave is ready for it me on. I have a very quick math nerd question for you guys.

Dave is your man.

Dave is ready for it.

Wonderful.

We owe $125,000 left on our house, and our monthly payment for our mortgage is $1,500 a month.

Our take-home pay is about $8,500. We have a three-year-old son, and we're only going to be

able to have one baby because of COVID-related stuff. And I already have about $25,000 to $30,000

saved for my son's college already. We have been putting $417 a month into a $529 for him, and I was thinking about stopping, putting any money in his college, basically to just have another $417 a month to put towards our mortgage to try to get it paid off in the next three years.

And with your guys' online mortgage payoff calculator, that I pay around $4,000 a month,

I can actually get our budget completely paid off, or that mortgage completely paid off.

Yeah, but you're talking about $1,500 plus $400, it would be $1,900, not $4,000.

Yeah, yeah, and I've went through my budget, and I've already found another $1,500 that I can put towards it every month. Okay. And your wife's on board with all that? Yes, I think she's on board with all that. And you've got room to breathe. You're not doing rice and beans. That's not what we're trying to do. Oh, no, absolutely not. We're doing just fine. Okay. All right. Yeah, you can circle back to the 529 later if you need to after the four years, because how old is your baby? Three. Yeah. So, I mean, three years from now, the house is paid for, four years from now, the house is paid for. There's seven. If you look up and go, 25's not going to be enough,

or what the 25 is going to grow to is not going to be enough, then I can add some money and catch back up. You won't have any trouble because you won't have a house payment anymore. Yeah, exactly. I figured if I put the money we put towards our mortgage back in for one year, that's $18,000.

Yeah.

Yeah.

More than I was going to miss out on before.

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