The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Should I pay off my Business Mortgage quickly?
| Big Lettuce | 01/22/26 |
| maize newt | 01/22/26 |
| Laughsome Swollen Abode | 01/22/26 |
| Big Lettuce | 01/22/26 |
| Big Lettuce | 01/26/26 |
| Gaped International Law Enforcement Agency Dysfunction | 01/26/26 |
| Emerald Hospital Hissy Fit | 01/26/26 |
| ...,....,,........ | 02/09/26 |
| green parlor | 01/26/26 |
Poast new message in this thread
Date: January 22nd, 2026 4:46 PM Author: Big Lettuce 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? |
 |
Date: January 22nd, 2026 4:56 PM Author: maize newt Yea unless you have a prepayment penalty. (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49609664) |
Date: January 22nd, 2026 4:57 PM Author: Laughsome Swollen Abode lmfao (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49609668) |
|
Date: January 22nd, 2026 5:03 PM Author: Big Lettuce What's funny? (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49609687) |
|
Date: January 26th, 2026 3:28 PM Author: Big Lettuce (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49620940) |
|
Date: January 26th, 2026 3:31 PM Author: Gaped International Law Enforcement Agency Dysfunction 8.4% is dogshit (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49620948) |
|
Date: January 26th, 2026 3:39 PM Author: Emerald Hospital Hissy Fit 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=5310901#49620970) |
|
Date: February 9th, 2026 4:33 PM Author: ...,....,,........ But why is it a good idea to continue paying 8.4% in interest to the Je...individuals over my loan? (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49659006) |
|
Date: January 26th, 2026 3:43 PM Author: green parlor I owe $500k at 4.5%. More SOL it is (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2\u0026mark_id=5310901#49620983) |