Quote:
Originally Posted by Bigben007
Can you payoff your mortgage and not the bond? Are they tied together? Thanks
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Before you pay off the bond or your mortgage; assuming your have both, you, want to check the interest rate.
If. I recall the interest rate on our bond is 5.5% our mortgage is 3.2%. On the bond, the general OPINION is when you sell you do not recover that money in the price of the house.
Everyone's answer as to what makes sense FOR YOU, will be different depending on TAXES and investment money returns.