Hello, I plan on buying a condo/townhouse for around 150K after the new year that I will live in. I have a taxable account with around 85K in it at the moment. It's almost 100% VTSAX right now.
I have 2 choices:
- Only pull out enough for a 30% down payment (45K) and pay the 15 year loan with say, 2.5% interest.
- Sell it all for the biggest down payment possible and aggressively pay off the mortgage in a few years so I can then put the maximum possible of my paycheck back into long term investment.
Which would you do? I could probably pay off the mortgage completely in 2 years which would leave me with probably 3.5K a month to invest.
Submitted September 08, 2020 at 09:31PM by Justhereforthelemon https://ift.tt/3m165eN
