Thread: Mortgages?
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Nathans_Dad Nathans_Dad is offline
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Join Date: Oct 2004
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Quote:
Originally posted by Moneyguy1
Using my rather simplistic model of the $100k @ 6%, five years worth of payments would result in $35,963 that you have invested had you paid cash.

Different paths to the same goal.
True, but in your model you have to put the 100k into the house in the first place in order to gain $35k to invest over 5 years. If you put the 100K into investments you make over $100k in returns which is much better than $35k isn't it? Again, to each his own.
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Rick

1984 911 coupe
Old 12-20-2006, 01:18 PM
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