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Originally Posted by VApeople
Yeah, that is what we did.
We closed on our house in 2016. The interest on our bond was 6% and our savings account earned 1%.
So we paid off the bond.
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Every case is so different. If you closed on a new house in 2020 or 21 you hit the perfect wave. Your bond was in the 20-35k range at 3% interest, while your income on investments etc is hitting 8-10% annually. It would be a very poor financial decision to pay off the bond.
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.. though we cannot, while we feel deeply, reason shrewdly, yet I doubt if, except when we feel deeply, we can ever comprehend fully."—Ruskin
Borta bra men hemma bäst
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