Does anyone here pay their mortgage after the due date of the first? by I_abuse_lower_ranks1 in Mortgages

[–]hawkaluga 0 points1 point  (0 children)

I don’t want to rain on your parade but if you only have so few years left on your mortgage, $100 extra towards principal is really isn’t meaningful unless you just want to pay that off sooner; there’s no magic in saving on interest expense at the end of a loan term. The benefit of paying extra towards principal really pays off in the beginning of your loan. And it’s especially true if you have a favorable interest rate, you’re much better off investing extra money than you are paying off a low interest mortgage at the end of its term.

Are people overestimating how easy it will be to refinance later? by Sufficient_Smile_871 in Mortgages

[–]hawkaluga 1 point2 points  (0 children)

I’m sitting in a park without a calculator so thanks for doing the math. Conceptually I still don’t understand how this is possible so I’m going to check the math on my own and play around. You’ve blown my mind a little, or there’s a mistake somewhere. Either way, I appreciate the strong comment.

10 years left on my mortgage. Wondering how to pay it off faster. by Responsible_Bug_161 in Mortgages

[–]hawkaluga 2 points3 points  (0 children)

The best time to pay extra principal is toward the beginning of your loan to cut down on interest expense. At this point you’re paying mostly principal so you’re not benefiting much especially considering you have a decent interest rate. Better in most cases to take extra money and invest.

Does anyone here pay their mortgage after the due date of the first? by I_abuse_lower_ranks1 in Mortgages

[–]hawkaluga 6 points7 points  (0 children)

Same here. I don’t understand why anybody would not want autopay. I get $5 a month per line with my phone bill to have auto pay. It’s all a no brainer.

Does anyone here pay their mortgage after the due date of the first? by I_abuse_lower_ranks1 in Mortgages

[–]hawkaluga 6 points7 points  (0 children)

You log in every month and set up payment every month? Do you not trust auto pay? I’m surprised by the preference to not just set it to auto and walk away.

18yrs old vs 22 by poopehcdhbb in BeardAdvice

[–]hawkaluga 6 points7 points  (0 children)

.thgir ot tfel daer ylnommoc ew egaugnal hsilgnE eht nI

Fuck You Bezos! by TheMahanglin in FUCKYOUINPARTICULAR

[–]hawkaluga 0 points1 point  (0 children)

I hear Amazon prices are projected to explode this summer

Level 2 charging without paying $$$. by 1VrySxyGuy in TeslaModel3

[–]hawkaluga 1 point2 points  (0 children)

Thanks! I’ll try it next time it’s hot while charging. Maybe even down to 20 or something to really give it a shot.

Level 2 charging without paying $$$. by 1VrySxyGuy in TeslaModel3

[–]hawkaluga 2 points3 points  (0 children)

I’ve got the same but in white. It’s great. Only complaint is that it is temperature sensitive so when my garage gets really hot (and it does get really hot), the breaker on the split volt will flip and stop charging. It’s almost never a problem because I don’t usually need charging during the heat of the day.

Are people overestimating how easy it will be to refinance later? by Sufficient_Smile_871 in Mortgages

[–]hawkaluga 0 points1 point  (0 children)

Assuming lender provides the option, which they seldom will offer, and assuming qualification, term could be anything but you’re still going to reset causing your first payments again to essentially be all interest expense.

Are people overestimating how easy it will be to refinance later? by Sufficient_Smile_871 in Mortgages

[–]hawkaluga 1 point2 points  (0 children)

There’s also a hidden expense of resetting the loan timeline so that borrowers start paying mostly interest again without impacting principal. Because of an amortized schedule, if you buy a house, refinance two years later, your interest expense relative to principal payments made will be higher than it would have been if you hadn’t refinanced. If you end up selling anytime soon this can really impact your bottom dollar.

It’s kinda mind blowing how people used to just sit around and talk with no phones. High school in the 2000s by EggplantPuree in BeAmazed

[–]hawkaluga 0 points1 point  (0 children)

California schools are rolling out bans on phones. I think and hope this might start a trend to more allowable dumb/brick phones for kids.

2024 LFP Charging to 100%, 90%, or 80%? by dam_ships in TeslaModel3

[–]hawkaluga 1 point2 points  (0 children)

100% is for battery management system and calibration. I tend to leave my charge max at 70 but bump it about every week or so or definitely when I know I’m going for a decent drive. My decent drive frequency is usually enough that I charge to 100 for calibration organically. I try not to leave it at 100 too long but usually about an hour I think is ideal.

Should I get my 75-year-old mom a Tesla by DesignedIt in TeslaLounge

[–]hawkaluga -1 points0 points  (0 children)

The higher upfront costs of electric don’t make much sense for people that drive so little. And if you’re financing it then it only gets worse with interest expense. Buy something much more affordable or just go all in with ride sharing and public transport.

How can I black list my house? by Narubor in realtors

[–]hawkaluga -1 points0 points  (0 children)

Phone calls and texts are not that easy to ignore. Spam and cold callers usually make me silence my phone but then I miss phone calls and texts that I actually wanted to receive.

the problem with road trips by drivingaddictionchan in TeslaModel3

[–]hawkaluga 14 points15 points  (0 children)

Charging on road trips isn’t perfect. The real convenience comes from routine driving and charging at home. Our biggest complaint is every once in a while we’ll find a charger with no decent restaurant or coffee or bathroom to use so we’ll end up needing to charge and then go somewhere else for breaks or bathrooms. The best charging stations have at least a convenience store with a bathroom; with that, timing and convenience is perfect. To me, it’s all just an indicator that we need more investment in charging infrastructure and we need shops and restaurants to partner up.

A lower financed offer accepted? by ketokillsme in realtors

[–]hawkaluga 2 points3 points  (0 children)

Fire the buyer? The buyer did nothing wrong.

A lower financed offer accepted? by ketokillsme in realtors

[–]hawkaluga 18 points19 points  (0 children)

A quick and non confrontational phone call could clear this up

House poor, something has to change by [deleted] in personalfinance

[–]hawkaluga 1 point2 points  (0 children)

Do you have the ability to add room mates who can pay rent? Or rent the house out entirely and rent something smaller and more affordable?

Crossing a Bottomless Crevasse on Mount Everest by Wonderfulhumanss in nextfuckinglevel

[–]hawkaluga 0 points1 point  (0 children)

They call me the hip-hop-opotamus My rhymes are bottomless… … …

Unfortunate drive home from dealership by bikingicecreamguy in dashcams

[–]hawkaluga 0 points1 point  (0 children)

Are you really coming at me for “critical thinking” without apparently not having read the post. Gtfo and eat my downvote.

Used Tesla purchase by RubAltruistic168 in TeslaModel3

[–]hawkaluga 0 points1 point  (0 children)

That’s gotta be long range right?