We refinanced to a 2.47% 30 year loan in December.
We could have paid it of today if we wanted.. we have the money.
Instead we are paying less and less each year, thanks to inflation. While the markets have returned 10-15% for years.
And instead of having nothing saved up, we are investing 60% of our after tax salary each month.
We did the math, each and every way we could... we will be much better of NOT paying down our mortgage.
At these low rates, its not even an option.
Though.. I confess it feels better having no mortgage.
.
