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« How quickly should you pay off your home? | Main | How quickly should you pay off your home? »

December 14, 2007


Funny about Money

But even though Jerry has a nice chunk of money in his savings account, he's also spent at least that much (probably more) in interest on the loan. Shouldn't the amount of the mortgage interest paid over 12 years be subtracted from his $270,817 to show what it's costing him to put that $500/month into savings?

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