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Pay off mortgage at 5.875%?
Pay off mortgage at 5.875%? Age old debate of paying mortgage off early vs wait it out. My spouse and I just purchased a condo with ~300k mortgage for 15 years at 5.875%. We have a HHI of $300k and are conflicted if we should pay off the mortgage asap. We invest primary in index funds and my thinking is that we'd need to get a return of ~7% to justify not paying off the mo...
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