“I went with a 15 year loan to get my house paid off.”
I took out a 30year fixed loan at 2.25%.
I pay the minimum every month, and put any extra money I have into other investments.
It’s like printing money.
Yup. Well done.
We were sent a 0% interest rate, 0% fee balance transfer check for a credit card. So we paid down our 6% mortgage $25,000. A year later we had the funds to pay off the credit card. A few years more we did it again. We were then able to pay off our 30-year mortgage (with 2 refinancings) in 14 years from the original loan. It was God’s grace.