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Old 05-09-2006, 12:40 PM
sweeps sweeps is offline
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Default Re: save or pay extra mortgage?

Quote:
Originally Posted by lucasrd
I have a theory on this for dedicated people...Make extra mortgage payments...yes that's good...but make them to a separate savings account that earns interest. Why pay $500 to the mortgage company when you can earn interest on that $500 while you are still paying on your mortgage...
I don't understand, can you explain?
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