Talk of The Villages Florida - View Single Post - New home sales
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Old 09-17-2012, 02:39 PM
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Quote:
Originally Posted by The Shadow View Post
If I could make more money than the bank charges me for mortgage interest would not the bank be doing the right thing by its stockholders to invest where they could get more money than they would get from me in mortgage interest?
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The bank also cannot deduct the interest paid from their income, you can. You need to add that tax savings to the income from investing the money the bank loaned to you.