andhrabullet Posted October 14, 2021 Report Share Posted October 14, 2021 good or bad choice? extra cash unte... @Spartan @Vaampire @csrcsr @veerigadu Quote Link to comment Share on other sites More sharing options...
Popular Post Spartan Posted October 14, 2021 Popular Post Report Share Posted October 14, 2021 keep cash or invest in something else dont pay off ani ma boss @k2s bodincharu 1 5 Quote Link to comment Share on other sites More sharing options...
andhrabullet Posted October 14, 2021 Author Report Share Posted October 14, 2021 1 minute ago, Spartan said: keep cash or invest in something else dont pay off ani ma boss @k2s bodincharu ante 30 years loan ki kooda same logic applies aa baa Quote Link to comment Share on other sites More sharing options...
Popular Post mettastar Posted October 14, 2021 Popular Post Report Share Posted October 14, 2021 Antha cheap interest rate unte enduku pay off cheyadam If you have cash invest in good funds .. at least 6-7% per yr vasthayi 3 Quote Link to comment Share on other sites More sharing options...
Spartan Posted October 14, 2021 Report Share Posted October 14, 2021 2 minutes ago, andhrabullet said: ante 30 years loan ki kooda same logic applies aa baa yes Quote Link to comment Share on other sites More sharing options...
andhrabullet Posted October 14, 2021 Author Report Share Posted October 14, 2021 1 minute ago, mettastar said: Antha cheap interest rate unte enduku pay off cheyadam If you have cash invest in good funds .. at least 6-7% per yr vasthayi ante 30 years loan kada.. plus amortization lo first interest chalu pothundi kada few years lo Quote Link to comment Share on other sites More sharing options...
Galactus Posted October 14, 2021 Report Share Posted October 14, 2021 4 minutes ago, andhrabullet said: ante 30 years loan kada.. plus amortization lo first interest chalu pothundi kada few years lo 20% down payment cheyakapothe pay early until 20% so that you can get rid of PMI yes, initial ga interest ekkuva untundi , I think some people prefer to pay it early just so that it is off your shoulders..will be a great relief not paying mortgage every month... Quote Link to comment Share on other sites More sharing options...
AndhraneedSCS Posted October 14, 2021 Report Share Posted October 14, 2021 Just invest that money on S&P 500. You will get better returns Quote Link to comment Share on other sites More sharing options...
Vaampire Posted October 14, 2021 Report Share Posted October 14, 2021 Mortgage interest 2-3%... Koncham kastapadi research chesthey min 5% returns vache mutual funds chaala untayi. Safe bet vi. Don't ask me which. Nenu research cheyyaley. I paid of my loan in 5 yrs. Because I was taking big risks in stock market, I just wanted to secure something first. Another thing to consider, u can claim certain amount of interest in tax returns. So it's better to have mortgage 1 Quote Link to comment Share on other sites More sharing options...
nokia123 Posted October 14, 2021 Report Share Posted October 14, 2021 24 minutes ago, andhrabullet said: good or bad choice? extra cash unte... @Spartan @Vaampire @csrcsr @veerigadu Dumb idea…invest your money Quote Link to comment Share on other sites More sharing options...
TOM_BHAYYA Posted October 14, 2021 Report Share Posted October 14, 2021 45 minutes ago, andhrabullet said: ante 30 years loan ki kooda same logic applies aa baa Dhenikaina same logic Quote Link to comment Share on other sites More sharing options...
mettastar Posted October 14, 2021 Report Share Posted October 14, 2021 43 minutes ago, andhrabullet said: ante 30 years loan kada.. plus amortization lo first interest chalu pothundi kada few years lo Thats misconception .. to keep the monthly payment same .. initial ga principal ki low contributions and interest ekuva contributions velthayi .. even if you make one time payment .. amortization calculation change avvadhu loan tenure thagguthadi anthe Quote Link to comment Share on other sites More sharing options...
yemdoing Posted October 14, 2021 Report Share Posted October 14, 2021 depends of personal perspective as well. If I had extra cash I would pay some of my mortgage to reduce my monthly mortgage. reducing some burden . as @vampire said I would prefer to pay off at least my primary residence and investment home tho yelagaina games adacchu . Quote Link to comment Share on other sites More sharing options...
trent Posted October 14, 2021 Report Share Posted October 14, 2021 Rich never payoff the mortgage ani Robert gadu cheppadu ga Quote Link to comment Share on other sites More sharing options...
kasi Posted October 14, 2021 Report Share Posted October 14, 2021 1 hour ago, andhrabullet said: good or bad choice? extra cash unte... @Spartan @Vaampire @csrcsr @veerigadu neeku 3% yavaru ivaru if you are person, dont have resources to invest at all.....go head and do it, i know where you are coming from; you think you getting your monthly payments down but remember in a mortgage loan.....in the first 5/10yrs you pay the max intrest and rest of the your are just paying most if the principle try looking at all your statements, you will get it all the best.....i was in your boat a while ago.........i know how it feel, if you dont have people/resources to invest PS: lets always better to keep the money you have, instead of making wrong decision n blowing it all 1 Quote Link to comment Share on other sites More sharing options...
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