I believe that most car loans are interest front-loaded. That means that paying extra money doesn't actually reduce the amount of interest you pay on the loan. While you may receive an mortgage interest deduction from the IRS, don't let the tail wag the dog. You will wind up (in the long run) paying much less in interest on your mortgage by paying extra principal each month.Of course, if you believe that you can achieve a higher rate of return on that $100 by investing it (and you may very well do so), then use the money that way. Good luck!Jon
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