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Yeah, that thing of spending a buck so you can save 30 cents on your taxes is so obviously the right approach...

... and cutting it to 15 cents will make it even better.


Has nothing to do with taxes. It is all about best use of funds. You can spend that buck and save 4% at some point in the future. Or you can invest that buck and, last year anyway, you would have gotten 20% in your hand. And the buck actually is in your hand. If you pay extra on the mortgage, the bank controls the equity, not you.

Over any 30 year period, the stock market historically has average around 10%. So by paying down the mortgage, you save 4% and give up 10% Does that make sense to anyone?
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