Is it worth paying extra towards the principal amount to reduce how long it takes to fully pay off the house if we plan to move before the house is fully paid off? It's a conventional 30-year loan at 2.75% interest. I do not foresee us staying the full 30 years in the home so it does not make sense to me to increase my equity in a home that I will sell before the mortgage is fully paid. Does it make sense instead to put that money towards investments that would get higher returns?
Submitted October 14, 2020 at 09:30PM by bjchu92 https://ift.tt/37ae2JA
