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What should I do?

Should I …

Keep money in a liquid savings at 3.85%? (Variable rate)

Or

Payoff mortgage with an interest rate of 2.25%? (Fixed Rate)

Loan term: 15 years

Time left on loan: 13 years

Leftover savings after proposed payoff: $10k

Estimated target date of payoff: July-Aug 2023



Submitted February 20, 2023 at 03:21AM by HungrySignificance70 https://ift.tt/mtTqMWX

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