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Browsing Archive September, 2015

Why paying off your mortgage early might be a bad idea

Why paying off your mortgage early might be a bad idea

As a financial advisor, I have many clients ask me if they should use extra money to pay down their mortgage or invest the money. Let’s take a closer look, my savvy LGBT friends, at the math to see what makes sense. The following is a hypothetical, purely for demonstrative purposes: If you have a $250,000 fixed ...