Dec 15, 2018
7:31:31pm
7:31:31pm
This is a lie perpetuated by advisors that want your $$ in a brokerage acct and
Banks that want you paying interest forever.
Paying 4-6% interest on a $300k mortgage is going to cost you way more in interest(for the first 15 years or so) than you earn in the market with the measly few hundred extra dollars you’re saving.
This is a myth that needs to die along with “don’t pay off your mortgage or you’ll lose your tax deduction!” Nonsense.
Paying 4-6% interest on a $300k mortgage is going to cost you way more in interest(for the first 15 years or so) than you earn in the market with the measly few hundred extra dollars you’re saving.
This is a myth that needs to die along with “don’t pay off your mortgage or you’ll lose your tax deduction!” Nonsense.
Originally posted on Dec 15, 2018 at 7:31:31pm
Message modified by MormonThug on Dec 15, 2018 at 7:32:16pm
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12/15/18 9:26am
12/15/18 9:29am
12/15/18 9:31am
12/15/18 9:38am
Not to mention time spent on the phone, online, and writing this CB post about it . . . and it's still not resolved.
12/15/18 9:43am
12/15/18 9:54am
12/15/18 9:55am
Not to mention that a fee for reconveyance 1- Is paid by everyone else as well. 2 - Was probably spelled
12/15/18 9:55am
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12/15/18 12:26pm
12/15/18 2:49pm
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12/15/18 11:36am