Thanks to all of you who weighed in on the "where to put the $300" scenario.
We had already "decided" to use it toward the gas tap. It is on the To-Do list (the one I made at 4:00am) to call and schedule it. We are hoping that we can have it installed by the end of November.
The boiler isn't going to last forever, and we are concerned that if it goes in January, and it takes us a week to be able to get another one installed....we will be screwed. The boiler controls our heat and hot water. If it goes in the middle of the winter...our pipes could freeze, and then we have an even bigger problem.
The plan....get the tap. Research the boiler and contractors. Get a timeline.
We are trying to time it where we can use up the oil in the tank (in whatever month it is), and then do a switch. Additionally, we are hoping to do another Lending Club loan to accomplish all of this. If the loan falls through, then we will just have the tap....it will wait for us.
I don't really want to spend $5-$7k on this. But this seems to be the average. Of course, once we know what we want and the cost of instillation, we will have a better idea. We are really hoping that we can do it for $3-$5k. But I know nothing about this....so that might not be possible.
Taking on more debt isn't great. But not having heat isn't either. It will take us about 2 year before we start to see the savings. But we will at least know that the savings are coming.