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Updated almost 7 years ago on . Most recent reply

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Jon Fechter
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Loan Payoff vs Cash Flow

Jon Fechter
Posted
I am currently renting my old primary house that I didn’t sell when I got married in 2013. The expense on the house is $1335 and the rent is $1775 I owe $85k. The house has a new 25 year roof and I replaced the HVAC unit last year. I have $10k saved up and can save about $1300/month for future investments. Is there a point when you stop saving money and start paying off existing mortgages faster?

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