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$1k extra per month applied to mortgage vs. invested in the market

seems like investing is worth an additional $47k after 10 ye...
vibrant lilac double fault dysfunction
  12/06/23
...
vibrant lilac double fault dysfunction
  12/06/23
Mortgage rate is fixed so a better comparison would be CD or...
medicated area
  12/06/23
>there's a real benefit to paying off debt that I think e...
vibrant lilac double fault dysfunction
  12/06/23
...
Startling stead sound barrier
  12/06/23
what benefit is that
Jade mind-boggling theatre internal respiration
  12/06/23
More home equity that can be used, if rates go down again or...
walnut racy trailer park round eye
  12/06/23
no
Jade mind-boggling theatre internal respiration
  12/06/23
It's mostly a psychological benefit. You have secured your h...
Startling stead sound barrier
  12/06/23


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Date: December 6th, 2023 12:50 PM
Author: vibrant lilac double fault dysfunction

seems like investing is worth an additional $47k after 10 years at an 8% growth rate. mortgage is 2.5% interest

not as big of a difference as i expected, and 8% seems high as fuck

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139902)



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Date: December 6th, 2023 12:53 PM
Author: vibrant lilac double fault dysfunction



(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139928)



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Date: December 6th, 2023 12:56 PM
Author: medicated area

Mortgage rate is fixed so a better comparison would be CD or government bonds.

The math works either way but there's a real benefit to paying off debt that I think exceeds the mathematical benefit

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139945)



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Date: December 6th, 2023 12:57 PM
Author: vibrant lilac double fault dysfunction

>there's a real benefit to paying off debt that I think exceeds the mathematical benefit

exactly. i might start paying off this motherfucker

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139954)



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Date: December 6th, 2023 12:57 PM
Author: Startling stead sound barrier



(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139959)



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Date: December 6th, 2023 12:59 PM
Author: Jade mind-boggling theatre internal respiration

what benefit is that

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139968)



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Date: December 6th, 2023 1:02 PM
Author: walnut racy trailer park round eye

More home equity that can be used, if rates go down again or even if they don't, to borrow against for a rental property loan (or vacation fund, if goy).

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47139984)



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Date: December 6th, 2023 1:07 PM
Author: Jade mind-boggling theatre internal respiration

no

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47140015)



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Date: December 6th, 2023 1:13 PM
Author: Startling stead sound barrier

It's mostly a psychological benefit. You have secured your home. It's a great feeling.

(http://www.autoadmit.com/thread.php?thread_id=5456191&forum_id=2#47140043)