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A 1.000.000U$S home at 0% or a 500.000U$S at 4%?
by conanbatt 7y ago
A 1.000.000U$S home at 0% or a 500.000U$S at 4%?
- Bombthecat 7y ago500k at 4 percent. You can pay off faster with just even as little than once in a while 100 dollar extra in a month. Or with your tax returns etc.
- conanbatt 7y agoMarket is choosing the latter right now. Which is interestingly dangerous to me. Houses can go down, but interest can't go down a lot at 0%. In a slump without credit houses can go up, and interests can go down.