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Reply to "Pay off the mortgage?"
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[quote=Anonymous]There's never been a (legal) foreclosure on a paid-for house. That peace of mine is worth quite a lot. And the tax-deduction thing is nonsense: for every $1,000 you pay in interest, you get back around $300. Why would you want to pay $1,000 to get back $300? You might as well pay off the house and donate the $1,000 to charity to get your $300 tax deduction![/quote]
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