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Financial Planning / Paying For College

URL:  http://boards.fool.com/one-thing-to-keep-in-mind-is-that-in-cash-out-30570442.aspx

Subject:  Re: Paying for College and Aid Date:  3/2/2013  1:26 PM
Author:  Watty56 Number:  8037 of 8153

One thing to keep in mind is that in cash out refinances only the interest on $100K will be tax deductible.

Depending on how big your mortgage payment is it might make more sense to try to get your mortgage paid off to free up your cash flow instead of adding a large mortgage payment into the mix.
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