Posted by David Alexander on December 20, 2000 at 18:00:38:
Depends on your goals…
Where your at in Your plan?
Are you an aggressive or conservative investor?
The moment you pay the extra $1500 to the principal is the moment you get a 8.25% return on your money.
With $1500 a month that’s an extra 18k a year.
Could you turn that money over once, twice, Maybe even three times in a year by buying some houses and turning the money over for cash? Or passively do some Lonnie deals and get some great yields and extend the money over a few more years.
How about buy some discounted paper?