View Single Post
  #8 (permalink)  
Old 06-26-2008, 09:58 AM
Thrif-t Thrif-t is offline
$ Saving HS Freshman
 
Join Date: Jun 2006
Posts: 134
Points: 989.60
Donate
Default

Quote:
Originally Posted by tripods68 View Post
I would pay off the mortgage since the interest is way high IMO.
I'm hesitant to pay off the mortgage worrying about not having that tax deduction and owing taxes. I know stupid and eventually we'll be paying so much more to the principal that we won't have a lot of interest to write off but I still feel aprehensive using the money for the house. I guess it's all the talk about this terrible economy...I feel like I want to keep it where I can get my hands on it if I needed it. Oh what to do, what to do???
Reply With Quote