Pre-Pay Mortgage Vs. Investing Calculator
Paying off your mortgage can be a great strategy for both security and for greatly improving monthly cash flow and future investment capability. However, the decision to payoff a mortgage early can be greatly impacted by the market. If you have a low interest rate mortgage, and investment interest rates are higher, sometimes it can make more sense for you to focus on safe, high-yield investments, rather that pre-paying a lower interest rate mortgage balance. This calculator may provide an answer for whether your family should consider an investment strategy first. Naturally, given the risk of securities and investments, we recommend you speak with a financial expert before making any decisions on investing.
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