Quote:
Originally Posted by CarlR33
Yes, till now no one mentioned the interest paid over the loan on say a 30 year mortgage for example?
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Today’s rates a fair to good investment guy will tell you to take the largest loan. Then 30 days take cash towards principal to basically bring loan down to 7-15 years. Your yearly interest becomes minimal, we have never kept a 30 year mortgage for more than 10 years.
I can’t remember the last time our cars didn’t have zero interest, and never carry balance on CC’s.