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Reply to "S/o unpaid mortgage: pay off house faster?"
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[quote=Anonymous]PP again. I will say that's when we refinanced two years ago, we were given the choice between a 30 year and a 15 year. We chose the 30-year, and it lowered our payment from $5100 to $3300. For a while, we kept paying the $5100 anyway, and calculated that overpaying that munch every month would essentially turn the loan into a 15-year. Then we met with a financial planner and found much better things to do with our money.[/quote]
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