Author Topic: 11 reasons to carry a Mortgage  (Read 1785 times)

BTDretire

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11 reasons to carry a Mortgage
« on: August 03, 2017, 08:24:21 AM »
 I know there have been many yes/no posts about mortgages, but...
I ran across this video and agree with most of the thinking,
with the caveat of, don't over extend yourself. His comment that
not spending your nestegg on the home and/or investing* the difference between a
large down payment and a small down payment, gives you flexibility if you do lose
a job. You have savings to pull you through until you get another job.

 https://www.youtube.com/watch?v=zP0rP3X-nMg

* or investing the difference between a 15yr or 30yr morgage.

 

Wow, a phone plan for fifteen bucks!