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If he can earn more than the interest charges on the money
Posted on: January 24, 2019 at 07:57:58 CT
tman
MU
Posts:
36268
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21.72 yrs
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He shouldn’t pay it off from a financial perspective
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MESSAGE THREAD
just saw the positive impact of this change
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90Tiger
MU
-
1/23 18:37:17
RE: just saw the positive impact of this change
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MUTGR
MU
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1/23 21:25:53
Several years ago I refied, to 2.625%. At least 85% of
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GA Tiger
MU
-
1/23 18:54:35
So you're 92 and don't own your home.
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Newcatbirdseat
MU
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1/23 20:14:51
Right. I chose to pay cash for my rental houses.
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GA Tiger
MU
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1/23 20:58:00
RE: Right. I chose to pay cash for my rental houses.
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MUTGR
MU
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1/23 21:29:01
Debt is good at times like when the borrowed money
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TigerMatt
STL
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1/23 21:50:01
Yes, I understand the TMV of money since I was a finance
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MUTGR
MU
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1/23 22:00:19
RE: Several years ago I refied, to 2.625%. At least 85% of
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tigerdb
MU
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1/23 19:11:05
If he can earn more than the interest charges on the money
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tman
MU
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1/24 07:57:58
Nope. Just wised up and got a 15 yr. (nm)
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GA Tiger
MU
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1/23 20:13:50