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Originally Posted by Peaceful_Warrior
Why are you planning to pay off the mortgage early? Have you done the math to determine which gives you more assets?
- Paying off the loan early
- Paying off the loan as scheduled, then investing the difference
I found that paying off my mortgage early (or with a lump sum) was actually financially more costly than paying it for the long haul.
However, with different interest rates and investment assumptions, YMMV.
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Oh boy....
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Numbers is hard...
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