Michelle

So, um, just quick background.

My husband's a teacher, bus driver, and I'm a disabled vet, stay at home mom.

And we have six kids.

Our kids are getting older, 15 and a half, uh, being our oldest.

We're debt-free beside the mortgage.

We invest.

We add to their college funds.

My question really is, is it a good idea to sell our home for a lesser mortgage so we can pay it off faster and we can invest more and we can help more with the college funds and all the things that older kids are needing and we're starting to see the cost of what it is to have older kids?

Oh, well, so we do love our house.

I do think we can get something that's less and still be happy.

Our house, we owe like $130,000 on it.

Um, you know, we live in Northwest Arkansas where cost of living is pretty low.

I think we could probably go with something that would probably knock off like, I'm guessing about 40 grand off of our mortgage.

No.

No, the mortgage is not a problem.

We pay extra on it.

It's a 30-year mortgage, but we pay it like it's a 15, or normally we even pay more on it.

Okay, well, here's the good news.

We're hoping to pay it off in like five to seven years, but I'm thinking like if we were to buy a house that is less, then we could knock off even like two to three years off that.

Oh, it's okay.