Advice: I had to leave my 2.875% house, what do you think about my options? Started my career about 800 miles from my family in 2018. Bought my house in early 2022 at for $110,000 at 2.875%. I thought I wouldn’t have the ability to transfer for another 5 or so years so I could build up some equity instead of renting. Put down 20% and bought it. July of this year, I got a surprise offer to transfer closer to my family. …

We must be crazy to pay off our mortgage at 2.875%.. I’m just looking for some input on a path we’re thinking about taking.. Some details: 31m and 27f. No debt aside from mortgage. $30k saved being moved to a HYSA. We owe $98k on our house that has a 2.875% interest rate. Monthly payment is $778. It’s worth $200k right now. We have a 10 year balloon loan that ends in 8 years. We refinanced to this…

Is it worth giving up a 2.875% mortgage rate to be debt free? Let me preface this post by saying this. I am well aware that I am in an extremely lucky and fortunate position to be making great money at a young age, and this is by no means meant to be a “humble brag” post, I’m just trying to make the most informed decision I can. 28 years old living in a HCOL / VHCOL area. $132,000 a year base salary + ov…

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…