My Account
Sign up, and you can make all message times appear in your timezone.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
May 6, 2015
8:55
:17
am
snowbird
Finance people, should I refinance to 15 yr mortgage or max out 401k?
Assuming both options would cost me roughly the same annually. What's the better investment? I should be in my house for a while.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
snowbird
Bio page
snowbird
Joined
Nov 1, 2008
Last login
Apr 19, 2024
Total posts
18,132 (970 FO)
Report problem with this ad
Related Threads
Children:
So it looks like everyone agrees I should refinance to a 15 yr, anyone know a
(snowbird, May 6, 2015 at 10:04am)
Messages
Author
Time
Finance people, should I refinance to 15 yr mortgage or max out 401k?
snowbird
5/6/15 8:55am
Between those two options, I'd max 401k
Linescratcher
5/6/15 8:57am
I agree with everything except the ARM
KingDave
5/6/15 9:02am
It really depends on your individual circumstances.
Linescratcher
5/6/15 9:09am
What rates are you seeing on ARMs today? The rates I see show 7/1 ARMs with
MantiCoug
5/6/15 9:29am
what you want is the Libor rate for a 7 ARM. it's like less than 1%
Mayor of Cougartown
5/6/15 9:38am
The LIBOR rate is right around 2%. But they obviously add a margin to that rate.
MantiCoug
5/6/15 10:34am
My I/O ARM during the past several years has been great! We would pay an extra
ByuMba90
5/6/15 9:41am
I agree on the ARM. They are great options. Also, depending on your tax rate,
Baron
5/6/15 9:18am
Max out the 401k and if you want to throw extra cash at it, make extra payments
titlecoug
5/6/15 9:10am
Max out the 401k
Baron
5/6/15 9:17am
Max out 401K
compcoug
5/6/15 9:57am
Not enough information to answer this question.
Biyamiti
5/6/15 10:11am
Compare the interest rates.
Mike Ross
5/6/15 10:13am
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad