Updated almost 3 years ago on . Most recent reply
Should I pay off my balance?
I have a rental with a $76k mortgage balance at %4.5. I also have an brokerage account with $72k that has been steadily growing. My question is: " Should I use the $72k and pull some money from another account to payoff the mortgage? "
That would be saving me around $275 a month on interest. In my market there are not a lot of other areas to invest those $72k but having a completely paid off property sounds nice.
Thoughts?