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Reply to "Saving for college vs paying off house"
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[quote=Anonymous]What would it do to your payoff schedule if you put half of that $75k into your mortgage? I agree with you that the money could do better invested elsewhere, but this is a marriage not a corporation. If putting $75k in now would mean it's paid off before the oldest kid gets to college, do that and invest the rest. It's not going to give your husband complete peace of mind but it should help him relax and the sooner you put money into a mortgage the more it cuts away at the total interest paid number that you said is giving him so much stress. Take the other $75k and put it into the market or a rental condo instead of house.[/quote]
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