Quote:
Originally Posted by garby
So I notice a lot of you guys are paying off your cars right away, even considering the extremely low interest rates. Now assuming most of you have a mortgage, wouldn't you be better off applying all this cash to the principle of your mortgage, which could stand to save you way more money over time?
Sent from my HTC One using Tapatalk 4
|
I have a mortgage but adding $20k to it doesn't make any difference other than letting me pay it off early, my monthly payment doesn't go down.