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by _zoltan_
326 days ago
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You can pay off your mortgage if you want to. I know several people who did or set it up like that. However then your interest rate is not 1%. The best I've seen is 30 year fixed, where you pay off your house is 2.5%. I'm paying 0.65% right now, thanks to SARON going to 0. It just does not make financial sense to pay it off even if could. |
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