While I don't disagree with grabiner's math, the spread between 4.51% (after-taxes mortgage rate) and 3.61% (that grabiner offered as equivalent) is quite high, 0.9%. Would you buy a mutual fund that has 0.9% expense ratio? If you happen to own it already, would you try to get out?
I agree with Admiral about selling off the taxable investment of $650k and get rid of the mortgage.
I agree with Admiral about selling off the taxable investment of $650k and get rid of the mortgage.
Statistics: Posted by lakpr — Sun Apr 21, 2024 9:13 pm