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Reply to "Should I pay off the house under these circumstances?"
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[quote=Anonymous][quote=Anonymous]too many people are asking about this from the cashflow perspective but this is a savings question. OP is asking if they should use some of the 5M to pay off the 900k. Answer is no. You can make more in risk free investments than the interest on your mortgage. you're looking at minimum a 1% difference, really a bit more. That is 9k/year (simple math - its actually even higher) you make not paying it off. [/quote] Op here. Thanks. That's kind of been my point, but spouse is more risk adverse--meaning what is a risk free investment. Certainly not the stock market with the current nonsense we're going through. Any thoughts?[/quote]
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