Folks - Julie's post is right on the money. Another point to consider is inflation... you will be paying the last portion of your mortgage in el cheapo today dollars.
With 6 percent interest, tax breaks, and given the length of this type of loan... it's really a no-brainer given a large enough investment horizon.
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Folks - Julie's post is
Submitted by Guest on June 5, 2007 - 10:57.
Folks - Julie's post is right on the money. Another point to consider is inflation... you will be paying the last portion of your mortgage in el cheapo today dollars.
With 6 percent interest, tax breaks, and given the length of this type of loan... it's really a no-brainer given a large enough investment horizon.