Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Another mortgage pay off question"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We off our 5.5% mortgage really quickly some years ago. I don’t regret it. In your case, if you want the peace of mind of a “paid off house,” I would build up a bunch of FDIC-insured CDs that are paying about 5 or 6%. When that number matches your mortgage balance, consider your house “paid off,” but keep it in the CDs. You can even use half the CD interest to actually make the monthly payments. I totally get the feeling of security. It is VERY nice. But so is math. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
