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They're saving you money by not supporting bi-weekly payments :)
by arcticbull 5y ago
They're saving you money by not supporting bi-weekly payments :)
- lbotos 5y agoI assume you mean because the extra money that I'm putting into my house could make more money in the market so instead of a 13th payment, get gains in the market?
- arcticbull 5y agoWell, as long as your (interest minus interest tax credit) rate is below inflation, youre better off putting that money in a 0% interest savings account than paying down the debt faster. Or consider 7% from a Series I bond, or investing it in something else.