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View Poll Results: At what age did you pay off your primary residence?
Before age 30 2 2.56%
30-35 1 1.28%
36-40 7 8.97%
41-45 5 6.41%
46-50 10 12.82%
51-55 18 23.08%
56-60 9 11.54%
61-65 6 7.69%
66 or over 1 1.28%
Probably never going to pay off my primary residence 19 24.36%
Voters: 78. You may not vote on this poll

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Old 04-13-2022, 09:37 AM   #1
Jewish Rabbi Jewish Rabbi is offline
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Join Date: Jun 2008
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Just took a 30 year last year. At 3% it makes absolutely no sense to put a nickel extra into my mortgage.
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Old 04-13-2022, 10:03 AM   #2
JimNasium JimNasium is offline
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Join Date: Jan 2001
Location: At the crossroad
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Originally Posted by Jewish Rabbi View Post
Just took a 30 year last year. At 3% it makes absolutely no sense to put a nickel extra into my mortgage.
Yep, use that money for other investments.
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Old 04-13-2022, 11:36 AM   #3
Sorce Sorce is offline
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Join Date: Jan 2006
Location: Kansas City, MO
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Originally Posted by Jewish Rabbi View Post
Just took a 30 year last year. At 3% it makes absolutely no sense to put a nickel extra into my mortgage.
This, I ran the numbers when we bought our current house. I could have paid a 15, but the difference at a 6% return would be over 600k in 30 years. So I invested that extra amount instead.
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