Here's my question, can't find much on the internet for this....
500k Mortgage @ 3.75%
As it stands the mortgage will cost us ~$150k in interest...is it better to forego RRSP / TFSA contributions and hammer the mortgage off as fast as possible thus reducing the interest and then once the mortgage is gone contribute the mortgage payment amount to investments...OR is is better to carry mortgage to term and normally contribute to the investments and reap the benefits of compounding interest?
Submitted November 12, 2020 at 07:45PM by freemefromyou https://ift.tt/3pngd3h
