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SVTPerformance's Chain of Restaurants
Road Side Pub
Liquid Assets and Expensive Car Purchase
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<blockquote data-quote="ON D BIT" data-source="post: 15730732" data-attributes="member: 10422"><p>Make it a 10 or 15 year mortgage. It will save a ton on interest like 60%.</p><p>100k on your mortgage another 50k in savings and now you have 50-70k to enjoy life with.</p><p></p><p>Don't drop your mortgage payment. If you can find a fixed ten year rate, close 3% fixed thats insane.</p><p>250k 30 year at 4.5% fixed, 1200 a month is 450k+ total</p><p>150k 10 year at 3% fixed, 1400 a month is less than 175k total. </p><p></p><p>Only 25k in interest on a home mortgage!</p><p>Then you take the other 175k in interest your not paying the banks and you collect interest on that through investments. Set for life!</p></blockquote><p></p>
[QUOTE="ON D BIT, post: 15730732, member: 10422"] Make it a 10 or 15 year mortgage. It will save a ton on interest like 60%. 100k on your mortgage another 50k in savings and now you have 50-70k to enjoy life with. Don't drop your mortgage payment. If you can find a fixed ten year rate, close 3% fixed thats insane. 250k 30 year at 4.5% fixed, 1200 a month is 450k+ total 150k 10 year at 3% fixed, 1400 a month is less than 175k total. Only 25k in interest on a home mortgage! Then you take the other 175k in interest your not paying the banks and you collect interest on that through investments. Set for life! [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Liquid Assets and Expensive Car Purchase
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