Dead Horse? 2.5% Mortgage - Pay Down VS Invest into VTI Until Balance Cancels Out VS Invest and Drag Out Mortgage
Thread created 02-14-2021 by blesum
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Mathematically, putting the $$ to the highest rate is the correct thing to do. That said as you've noticed, the unseen "rate" in this math is inflation, which isn't going lower. "Putting your $$"...
Dead Horse? 2.5% Mortgage - Pay Down VS Invest into VTI Until Balance Cancels Out VS Invest and Drag Out Mortgage
Thread created 02-14-2021 by blesum
0 Score
2 Replies
719 Views
Never pay down a mtg at such a low interest rate. Inflation will be chipping away at it, why take that opportunity away from yourself?
Dead Horse? 2.5% Mortgage - Pay Down VS Invest into VTI Until Balance Cancels Out VS Invest and Drag Out Mortgage
Thread created 02-14-2021 by blesum
0 Score
2 Replies
719 Views
My brain is tired and fried... Been trying to figure out the smart/best thing to do semi-long term (3-10 years).
My mortgage on a $330k condo I bought is at $220K left and at 2.5% with 14.5 years...