Talk of The Villages Florida - View Single Post - Buying house out right
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Old 09-20-2017, 04:15 PM
Chi33 Chi33 is offline
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Quote:
Originally Posted by billethkid View Post
It may also depend on an investment and or tax strategy.
With a 3-4% mortgage interest rate one can have the same money invested and get a higher return and a tax break.
I agree. Mortgages are so low, a 250K home can be under 1000$ a month. However, lot of wealthy Villagers who don't show it because they saved their money all their lives and their parents we depression babies (who instilled that in them).