re: Another question regarding paying down your mortgage...

quote:

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If you had a 6.5% note instead then it would be much more worth it.

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mine was 7.5% when financed back in 1993.

another reason i paid it off waaaaaaay early.

I listed all the other reasons in a previous thread. Different circumstances for different people. lots of Hard times(gets very old indeed), not a huge principal amount left on mortgage, and the high interest rate are great reasons to pay it off soon for peace of mind.

EDIT: but i digress, we have posters here who supposedly know exactly what each person should do and their exact situation and as if they will have no troubles from here on out in life. sigh.