Everything You Need to Know About Mortgages
Money Guy Show
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Is There Flexibility in Prepaying Your Mortgage?
i think it's great if you want to get out of debt and do that, but by putting the money on the mortgage inan an fying the mortgage, you may not be doing yourself any favors. You can still save that money outside of paying off the mortgage, build up an after tax account. And then, if you so chose, ten years fom now, you caun just write a check and pay off the mortgage. What it does is it leaves maximum flexibility in your corner. Once that dollar goes into the mortgage, we just saw what happened to you in two thousand, it's hard to get that dollar back out.
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