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I enjoyed the analysis. Don't forget that nifty tax writeoff for mortgage interest, which is the majority of the payment early in the mortgage due to amortization schedule.
May 29 09:39 am
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All Comments by Everyday Finance »Is it Better to Remain a Renter or Buy a House? [View article]
Also of interest, you may enjoy the analysis of whether it's actually that risky to do an interest only mortgage, which has been villified by the press.
everydayfinance.blogsp...
If considering the Ufirst Money Merge to decrease the life of your mortgage, you should be aware of all the downsides and risks:
everydayfinance.blogsp...