Another financial thought.

I wanted to write down a financial thought I had tonight. I'm in stage 1 and 2 of the moving process. I would like to think of stage 1 as thought and planning stage 2 getting a loan officer and realtor involved. Stage 3 Preperation of selling and moving and so forth. While looking at homes I did some calculation of how much we probably will get a loan for and how much interest we will pay. It is sickening. Ponder on this calculation for a sec. If you were to have a 200 thousand dollar loan on a 30 year fixed mortgage at 4.5% (judging by my current situation) your first interest payment to that  mortgage would be a whopping 739.73.
Thats insane! That's incredible how much money we THROW away every month to take out a loan pay a rich banker and support a housing market that increases without any logic sometimes. The builders get rich the bankers get rich all because we want to keep up with the Jensens' and have nice things like they do? And to top it off we buy a car on a loan a boat on a loan take trips on credit cards all to pay more interest? We Can't keep affording this interest! This is why it is so important to Keep your mortgage interest low, Your mortgage princable low and funnel all of your loans into one payment, your MORTGAGE. Focus paying that and only that off. We cannot afford the bankers salaries. We need to support ourselves as well. No car loans. No credit card interest. (You can have credit card loans if you are reducing princable but that's a topic for another day) Focus on 1 Loan and pay it off as quickly as you can so you can stop paying the rich bankers salaries.