My wife still wants to do that but jeez. It sounds risky and how much more than 6 percent could we really make?
Too scared…
Another way to look at it. I pay about 2100 a month p and I.
Figure 25,000 a year. If I pay off 370k, it’s like I’m getting an annuity of 25000 a year assuming we remain employed…. For the next 25 years. That’s 625000, Plus I get to own the house.
Not sure how much a 25k yearly annuity is worth but it’s probably expensive.
However I was looking forward to making monthly payment with inflated pocket change in 2035.
