Since my plan is going to take 8-10 years, I've developed some visual aid to help me stay motivated. I've divided my mortgage by the square meters (excuse the metric) of my house, so that I know what my house per square meter costs. I've taken the floor plan to my house and colored in the amount of space I've already paid for. At this point, I own half a kitchen :) looking forward to color more!

Anyone else using this kind of visual aid? Please share it, I'd love to see it!

That's a beautiful idea, I hope you are flattered by my intent to copy it. :-) :-) :-)

I track the mortgage paydown and graph it - simple and quick in an excel spreadsheet. However, I make the numbers more interesting by correlating each mortgage debt milestone to an item that I DID NOT buy. Examples:

$200k point - house debt < modest yacht

$100k point - house debt < Tesla (approximately)

$80k point - house debt < Base Porsche Panamera

$70k point - house debt < Well Equipped BMW 5 series

$65k: At this point, my house debt is less than a new, modestly-equipped double-wide modular home

Full disclosure:

This is just a thought exercise to express debt in terms of things I can happily and easily do without.

I don't worry about comparing taxes and insurance between the house and the alternative imagined items.

And although the mortgage principal and interest goes to zero at payoff, I'm not naive enough to say the house is "free" at that point.

Maybe I'm off on the values of the items, but you get the drift.