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read that UBS caps annual expenses for investment clients at $500 and that the AF for this card is included in that cap. That makes the card a little more interesting...

I love it! Shows it pays to read the fine print and get creative.   This is going to cost the mortgager more than the interest payments to service and escrow property tax. If I were them I'd forgive the rest of the loan and close it. But it's likely you are sui generis and the bureaucracy will likely do nothing. Now if there were thousands doing this clever hack, that could change.

When I posted this I had actually repaid all but the last $565.49, which I purposely left unpaid to see if I could do a 24.7-year installment loan hack with the help of another recast.     The recast is now complete, the plan (mostly) worked, and I've written about the experience in a new thread.

When we set out to repay our mortgage early, we faced the very real possibility of never having another open installment trade line on our reports.   So I decided to turn our soon-to-be-retired mortgage into an ultra-low-balance, open installment trade line to carry us through June of 2046 (or until we sell the house, whichever comes first).   In the process we ended up with a $2.80 mortgage payment.   To Replicate:   Step 1: Get a mortgage (or start with one you already have).  Step 2: Pay almost all of it off. Step 3: Have your balance recast (re-amortized over the remaining loan term).   Tips and Thoughts:   Check with your servicer for their terms and requirements; these comments are based on how ours works.   Recasts can only be initiated at the same time as an additional principal payment of $5,000+ is made. Recast requires a one-page form with original signatures, and generally takes 2 payment cycles to go into effect... but the timing isn't guaranteed. There is no cost. The P+I payment that is due each month doesn't change until the entire process is complete.   My original goal was to get the payment at or below $0.99/month, but pushing the principal balance too low would have created the risk of having the balance fully repaid in the event of a processing delay. In hindsight I should stopped having our taxes paid through escrow when the recast was initiated.  Our P+I payment plus 1/12 of the annual taxes pushes our "payment" to an amount that is greater than the loan balance.  This triggers a phone call each month from an agent who's very excited to walk me through the process of making my final mortgage payment... which is the opposite of what we want.     Exhibit A - Recast Agreement Excerpt:     Exhibit B - January 2020 Mortgage Statement Excerpt:      

I’m located Michigan I won’t be able tell when it was gotten before tomorrow going court house get copies of judgment n complaint