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[–] 14 points 1 year ago

I have enough to pay off my house right now but I'm not because the interest rate is both lower than inflation and what I earn from interest, and other invesents, plus the increase in home values. If I paid off the house today then I also wouldn't have as much in my emergency fund. I have 5 years left of the mortgage, I'm paying roughly $50/mo interest which goes down every month.

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