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SVTPerformance's Chain of Restaurants
Road Side Pub
Any Dave Ramsey fans in here or financial gurus? Need advice..
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<blockquote data-quote="Dr. Gonzo" data-source="post: 16131499" data-attributes="member: 28502"><p>If your realtor is right about your house's appraised value, you're are the 80% threshold for PMI. I'd look hard into refinancing out of your current mortgage. The amount of money you'd save on PMI can be thrown into IRA's, making you money for retirement. I'd be more concerned about starting to save for retirement that paying off your house at your age. A house is <em>(should be)</em> an appreciating asset, so paying a mortgage isn't a big deal as long as you can afford it.</p><p></p><p>Don't sell the Cobra if it's paid off. Like others have said, you need some enjoyments in life.</p></blockquote><p></p>
[QUOTE="Dr. Gonzo, post: 16131499, member: 28502"] If your realtor is right about your house's appraised value, you're are the 80% threshold for PMI. I'd look hard into refinancing out of your current mortgage. The amount of money you'd save on PMI can be thrown into IRA's, making you money for retirement. I'd be more concerned about starting to save for retirement that paying off your house at your age. A house is [i](should be)[/i] an appreciating asset, so paying a mortgage isn't a big deal as long as you can afford it. Don't sell the Cobra if it's paid off. Like others have said, you need some enjoyments in life. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Any Dave Ramsey fans in here or financial gurus? Need advice..
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