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Reply to "Pay off mortgage vs pay for renovation "
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[quote=Anonymous]In a similar situation, I am electing to put my available sum in certificates of deposit, using the proceeds to upgrade slowly. But there's not a bad scenario here. Even the most costly choice of paying off a low interest mortgage gives you a huge boost to your monthly discretionary income. That's a nice way to live also, not stupid. Pick the one that makes you the happiest to think about.[/quote]
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