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In response to
"even in the short run, it's about $150-200 more being spent on interest a month instead of paying down principal to free up $400 a month in cash flow"
by
znufrii
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the money spent on interest a month is irrelevant for this exercise.
Posted by
groiny (aka groiny)
Sep 9 '13, 09:49
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his mortgage is 1900, his mortgage will be 1500, it is saving 400 a month.
if his bottom line is -200 a month, that 400 savings is huge for him.
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Responses:
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