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4 answers

CNN.Money or http://money.cnn.com

2007-01-18 04:31:24 · answer #1 · answered by ranya j 3 · 0 0

I don't know of a website, but its pretty easy to figure out. Is the interest rate of your mortgage higher or lower than the interest you are earning on savings? If higher, pay it off. If lower, make the minimum payments on the mortgage as your money is working harder for you in savings.

2007-01-18 13:29:07 · answer #2 · answered by auskan2002 4 · 0 0

You can check out Yahoo!'s finance page - I don't know of any other sites. One thing I do know, a free and clear house title is a very, very, very good thing! I can't imagine why it wouldn't be a wise move to pay the mortgage off unless you want to sell the home to make money. In that case, you might want to make sure that the real estate bubble for your neighborhood is still intact, too.

2007-01-18 12:45:47 · answer #3 · answered by Carlover29 3 · 0 0

Think of it this way: if you didn't have your house payment, what would you do with that money?

Example: House payment $1000/month, you pay off your house and then you have $1000/month to save and invest for future purchases and retirement.

Website: www.daveramsey.com
Dave has great books and great practical advice.

2007-01-18 13:50:27 · answer #4 · answered by mldjay 5 · 0 0

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