Get the longest fixed rate loan you can get.. at the lowest possible rate of course.
Then never ever ever pay it of... just keep paying absolute minimum.
When the bank won't let us extend the loan any longer, we will pay it of in one payment.
Sounds like Democrat advice, except the part about ever paying it off. Some actually like the freedom of being debt free. Furthermore, most vastly overestimate the actual tax benefits of carrying a mortgage, way overrated. And suspect you might fall into this camp. Plus, one must assume the equity market (which is overpriced at present) will continue to outperform . . . might not be sound advice. More realistically one should compare safe investments to your mortgage rate, CD’s, money market, etc. If you do this you will pay off your mortgage.
