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If you had a 7.0% mortgage, would invest excess in market or to pay down mortgage?
If you had a 7.0% mortgage, would invest excess in market or to pay down mortgage? Moving into a new home soon and now that we are no longer in the times of free money, I have been rethinking how to allocate the excess. My plan is currently to max out our tax advantaged accounts, and then put the excess toward paying down mortgage, and then recast the loan to get a lower payment. Just seems silly to forgoe a guaranteed 7.0% ‘...
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