Quote:
Originally Posted by widebody911
That's the plan. I've been paying extra principal all along.
When I bought this house in 2000, my interest rate was 7.875%
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Very similar story here - started at 7% ten years ago and now at 3.6. It is crazy how much of a difference it makes. More cash for race tires (just kidding...er...not really)!
I would have gone to a 15 or 20yr but have something else I want to pay-off first, and so cash flow is king right now.