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 "If you were to inherit $2 million, would you pay off the remaining $150k of your very low interest mortgage?"
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][quote=Anonymous]I would. I value simplicity and peace of mind more than gaming interest rates on a $150,000 loan and/or taxes (though I doubt a $150k mortgage does much for your taxes). It's so tiny relative to what it sounds like you have that it's not worth the mental load of carrying the mortgage anymore. [/quote] This is my mindset too. I agree that paying off the mortgage for the peace of mind when someone already has enough for investments isn’t a bad idea. And an unintended consequence is one less bill for your heirs to deal with down the road. As someone who has had to manage several estates the simpler the better![/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
