What is best pay my mortgage or invest ? I have 50,000 from a life insurance and my mortgage is 90,000.? - mortgage life insurance
Recently, I received a 50K life insurance, my mortgage is 90k. 50k I would my mortgage that you can feel comfortable without debt faster, but I want to explore new opportunities for others /
Wednesday, December 30, 2009
Mortgage Life Insurance What Is Best Pay My Mortgage Or Invest ? I Have 50,000 From A Life Insurance And My Mortgage Is 90,000.?
1 comment:
Since you are looking to reduce, to the mortgage or investing, I am assuming that your credit, either on loan or simply the highest interest rates. If this is true, then the options are to pay a higher interest loan or investment.
Consider move is to invest if the net investment income would be higher than the interest you pay on your loan. A proper analysis should consider the current value and future value of investments and mortgages.
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