#### surprising

##### Recycles dryer sheets

- Joined
- Feb 7, 2023

- Messages
- 85

But.. what if instead I had gotten a $400K mortgage and used that extra $400K to invest in, say, VTI for 5 years? Let's do math.

Without mortgage, the only gains I get is from the house appreciation. Today the house is worth $670K, so that gives

**$160K in 'profit' going mortgage free thus far.**

Investing $400K in VTI 5 years would currently be worth $730K today plus $15.746/sh in dividend = $40K, total is $770K, about $370K in gains.

House has appreciated to $670K, which gives an additional $160K in profit.

Subtract off 5 years of mortgage payments of $120K ($2000 * 12 * 5) =

**$410K profit investing instead of going mortgage free.**

Did I do the math right? If so, it looks like I made a very bad decision!