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re: When does it make sense, mathematically, to accelerate mortgage payments?
Posted on 12/13/23 at 11:59 am to llfshoals
Posted on 12/13/23 at 11:59 am to llfshoals
quote:I mean, by definition, you build equity in the home faster if you accelerate the amortization.
Thats the key, do you build equity faster by accelerating the payments is the real question for most.
The relevant question is do you build overall net worth faster by doing such? (i.e. what is the opportunity cost of doing such?)
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