Re: save or pay extra mortgage?
It depends on what is important to you.
Me and my hubby decided that a piece of mind of owning our house is more important to us than trying to invest the "extra mortgage" money.
If you calculate the interest you will save for the life of the mortgage it will give you a tremendous return on your money.
We still have a few years to go but we calculated we already saved THOUSANDS of dollars in interest that we did not have to pay to the mortgage company.
Whatever happens we know we will have a roof over our heads. To us this piece of mind is very important.
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