Quote:
Originally Posted by Barefoot
We paid ours off for the same reason.
Our resale home didn't have a high bond, and we didn't like paying 6% interest every year.
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Again, an individual decision. I preferred paying 6% simple interest and collecting 8% compound interest to the tune of $229,101 in profit. If I live that long, I'll die the next day and have one heck of a wake. You're invited---there will be unlimited lobster!