
How Should You Pay Off Your Mortgage?
Money Guy Show
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How Do You Classify High Interest Debt in the Financial Order of Operations?
Mortgages are more complex, because what do they do on our behaviour when we have mortgages? They let us, itomize that, you know, you'd get to take the interest, and it'sde cable on your income taxes. Even if you're paying five and a half % mortgage interest, more than likely, after taxes, it's more like a four%. You'd have to do the calculation to figure out how it hits you specifically. And i hope that gives you the clarification to understand how unique mortgage intereste rates are.
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