I agree with this. Your statement that it does not reduce the interest is wrong
however. It reduces the interest paid but not the payment. Are there better investments that paying of your mortgage early? Absolutely. Having all of your wealth tied up in equity in your house that is not liquid may not be the best approach either.
This message has been modified
Originally posted on May 6, 2015 at 2:02:50pm
Message modified by johnnybyu on May 6, 2015 at 2:04:37pm