[quote=no_such_reality]So what you’re saying is you can’t find a better use for money than 2.75% interest?[/quote]
Right now, anything that pays more than 2.75% (or 1.5%, for that matter) involves some level of risk. The only risk of not borrowing at 2.75% (and not investing in something else) is that you might make more doing something else with the money. Of course, in an attempt to make more, you might lose some of your principal.
So, if somebody has very low risk tolerance, paying down your loan early to save interest (or borrowing less in the first place rather than borrowing more and investing some of it) might be a reasonable plan.
NSR, do you have other ideas for “better use” for money for those with very low risk tolerance?
