I often see in here that, if you receive a windfall of money, it's better to invest it and continue to pay your mortgage than it is to pay off your mortgage, because you can reasonably expect a better return on the money than the small amount of interest you pay on a mortgage.
Does this also hold true for overpaying every month? I have a 15 year mortgage, with a monthly payment of $1787. I'm considering paying 2K/month, which will shave about 3 years off of my mortgage.
Am I better off just investing that 210 or so every month instead?
Submitted April 26, 2021 at 07:09PM by nernst79 https://ift.tt/3dPZamG
