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Should I pay off my Business Mortgage quickly?
| self-absorbed massive hell | 01/22/26 |
| autistic sanctuary | 01/22/26 |
| appetizing idiot abode | 01/22/26 |
| self-absorbed massive hell | 01/22/26 |
| self-absorbed massive hell | 01/26/26 |
| Mind-boggling Community Account Pervert | 01/26/26 |
| irate cracking box office | 01/26/26 |
| fragrant heaven | 01/26/26 |
Poast new message in this thread
Date: January 22nd, 2026 4:46 PM Author: self-absorbed massive hell I own my office building. Interest rate is 8.4%. I owe about $120k on it.
Should I just hurry up and pay the fucker off or just continue to make minimum payments and keep my money in the bank? |
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Date: January 22nd, 2026 4:56 PM Author: autistic sanctuary Yea unless you have a prepayment penalty. (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49609664) |
Date: January 22nd, 2026 4:57 PM Author: appetizing idiot abode lmfao (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49609668) |
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Date: January 22nd, 2026 5:03 PM Author: self-absorbed massive hell What's funny? (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49609687) |
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Date: January 26th, 2026 3:28 PM Author: self-absorbed massive hell (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49620940) |
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Date: January 26th, 2026 3:31 PM Author: Mind-boggling Community Account Pervert 8.4% is dogshit (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49620948) |
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Date: January 26th, 2026 3:39 PM Author: irate cracking box office The return on investment from paying off debt equals the interest rate on that debt. So paying off the mortgage gives you an 8.4% annualized return. Less than the S&P 500, my thought is make the minimum payments and invest the money that you would have spent otherwise. (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49620970) |
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Date: January 26th, 2026 3:43 PM Author: fragrant heaven I owe $500k at 4.5%. More SOL it is (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310880#49620983) |