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[quote=Anonymous][quote=Anonymous]Thanks, guys for your varying advice. We are close to retiring and so we don't need the write offs as much. I'd much rather get a loan and invest the money in an index fund but DH wants the peace of mind of not having a payment every month. I'll try to convince him otherwise...[/quote]

You're trying to convince him otherwise based on advice you got here? And I am asking in the nicest way possible. If you have enough money to pay cash for a house you have enough money to pay for a fee only financial advisor to do an analysis of your portfolio (and no, I am not a financial advisor but I have had an assessment done and it was very helpful). Please let an objective, qualified third party help you make this decision. In the meantime, read some personal financial columnists and think about how you would feel if you lost 50% or more of the amount you invested in the index fund.  I would love to not have a mortgage payment every month and am working towards that (although I'm a ways away from it).[/quote]

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