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Joined: Mar 2015
Posts: 6,176 Likes: 27
12 point
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12 point
Joined: Mar 2015
Posts: 6,176 Likes: 27 |
Honestly, with your mortgage rate… I personally would put money into investments that would you would use the pay house off quicker. The return in the market on average is higher than your interest rate. I know you wanna pay it off the quicker the better but there is also a lot of long-term benefit in paying minimum and investing the rest versus maximizing your payment. Build up your 401(k) as this will help your taxes and also look into Roth vs traditional Ira. Also, the payments will help your credit score. I used to be in the motto and that audit is bad, but I have used good debt to generate significantly more net worth that I would had. I just paid everything off quick.
2017 Team Aldeer Turkey Contest Champion
2018 Team Aldeer Turkey Contest Champion
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