The most prestigious law school admissions discussion board in the world.
|
 |
 
|
hypo: you come upon $250,000 post tax. you have $225,000 saved.
| avocado school love of her life | 02/23/18 |
| Nighttime lettuce | 02/23/18 |
| avocado school love of her life | 02/23/18 |
| Nighttime lettuce | 02/23/18 |
| Mewling Stage | 02/23/18 |
| irradiated hot tanning salon | 02/23/18 |
| avocado school love of her life | 02/23/18 |
| irradiated hot tanning salon | 02/23/18 |
| avocado school love of her life | 02/23/18 |
| Seedy startled stag film goyim | 02/23/18 |
Poast new message in this thread
Date: February 23rd, 2018 12:21 PM Author: avocado school love of her life do you a) pay off your home mortgage, dropping your payment from $1750 to $550 (taxes and insurance), or b) continue to service the mortgage debt and try to reinvest the money?
terms of the mortgage are pretty good. 3.75% fixed 30 year.
explain your reasoning please |
Date: February 23rd, 2018 12:22 PM Author: Nighttime lettuce Pay mortgage (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469685) |
 |
Date: February 23rd, 2018 12:22 PM Author: avocado school love of her life show your work please (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469689) |
|
Date: February 23rd, 2018 12:32 PM Author: Nighttime lettuce You avoid paying 3.5% interest. Most of your monthly payment is going to interest. I’d pay it off to avoid paying that ineterest. No guarantee your investment will generate an amount larger than what you’re paying in interest (needs to be more than 3.5% Bc of taxes, but should also account for losing whatever you’d get from mortgage interest deduction). (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469787) |
|
Date: February 23rd, 2018 12:23 PM Author: Mewling Stage invest the money (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469699) |
|
Date: February 23rd, 2018 12:24 PM Author: irradiated hot tanning salon https://res.cloudinary.com/value-penguin/image/upload/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600/v1/mortgages/Historical_Interest_Rates_Annual_Averages
|
|
Date: February 23rd, 2018 12:25 PM Author: avocado school love of her life point being? (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469708) |
|
Date: February 23rd, 2018 12:27 PM Author: irradiated hot tanning salon Your debt is cheap, historically speaking. You should be able to make more money over 30 years by investing it. (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469742) |
|
Date: February 23rd, 2018 12:28 PM Author: avocado school love of her life true. I can earn near that amount in a high yield bond fund right now so that would technically cancel the interest out. (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469752) |
|
Date: February 23rd, 2018 12:25 PM Author: Seedy startled stag film goyim No brainer, invest the money. (http://www.autoadmit.com/thread.php?thread_id=3901616&forum_id=2#35469718) |