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re: When to pay off the mortgage
Posted on 9/21/22 at 1:33 pm to turkish
Posted on 9/21/22 at 1:33 pm to turkish
I owe 160k on a 30 year and was paying an extra $200 per month to have it paid off in 17 years. My rate is 2.7%, and with the current economy, it would be stupid to continue to pay extra on it. Peace of mind is one thing, but having such cheap, fixed debt while inflation is damn near 10% is an asset in itself.
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