Thursday, September 28, 2023

Am I financing? Bwah ha ha ha!

 When I purchased my house, I thought my heating system was bonkers. It used hot water from a tank and blew the air over that to be heated up. Like a boiler... kinda? I had made some inquiries to businesses in the area because if this broke, who would fix it? The best lead I got was familiar with the system but didn't service it. I knew that when the system goes, I would be replacing it with an entirely new system. Well that day came.

The old system with its water tank.

The new system. Notice the old water tank is gone.

A couple years ago the air conditioning had gone out too but summers are pretty mild and I had gotten away with a window unit.

After the car purchase and also a garage door repair needed, I had to finance this. I took a few thousand dollars to pay off the existing loan that I had out for the window replacements. I can apply the money that had been going to the windows loan to go on top of the loan I now have out for this system. That will help me get this paid off sooner than the 15year term at 12.99%.


2 comments:

JM said...

I fear that for my condo as well...the joys of ownership right?

Melanie said...

It's great you were able to consolidate your loans and shorten the repayment period.

Niles Independence Day 2025

I played with the settings on my camera. Not perfect but damn, these are the best fireworks photos I've ever taken.