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re: Pay $1,000 extra to house or invest?

Posted on 6/14/16 at 7:09 am to
Posted by BigD13
French Settlement La
Member since Sep 2013
2542 posts
Posted on 6/14/16 at 7:09 am to
I would save 20 percent of the amount you owe on your mortgage and refinance into a 15 year note.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
27024 posts
Posted on 6/14/16 at 7:33 am to
quote:

I would save 20 percent of the amount you owe on your mortgage and refinance into a 15 year note.


I would run numbers to see if you pay 30 like a 15 what that will cost vs cost to refi. That plus flexibility if SHTF leaves me inclined to stay in a 30
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