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A few things worth pointing out;
- You will spend more on interest payments than you will in taxes if you keep your mortgage. I'd rather be taxed 25% on $10,000 than lose it all to interest payments.
- Paying off consumer debt first is actually pretty smart. It frees up more money to pay down the mortgage.
- You could invest a lot more money every month if you didn't have a huge house payment.
Don't take mortgage advice from a guy who makes a living selling them.
mastertanker001 3 years ago 2