Cyphire, we were typing at the same time so I didn’t read yours until after I posted. Yes, short term plans would give I/O another appeal but from memory of another post she was going to be there long term, I could be wrong. But again, right now is not the best time, even with your financial means, to start a planned two year purchace. Seriously, tell me you don’t think buying today will allow someone to sell at a profit in two years. For most buying today they are likely to be required to stay put until the other side of the cycle (which may be more than 4 years), I/O is not the right move for June 2007, maybe June 2005 or June 2003 but not June 2007. The risk of buying today is that you may have to ride it out, it is better to be prepared for that.
Good point Perry, having it paid off at retirement should be the goal.
