Should I pay $400 a month extra on mortgage principal or invest it elsewhere?
Should I pay $400 a month extra on mortgage principal or invest it elsewhere? Background: — Me: 34F, salary $94,000 — Husband: 35M, salary $60,000 — We live in Alabama and have two young kids. — Bought a new house in June for $355,000. We were able to sell our old house for $100k over what we paid for it in 2018 so netted $103,000 in profit after all closing costs, etc. We did a recast on our new mortgage and put an addit...