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If you have 250k of cash
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jdironman
Posted 8/25/2023 17:18 (#10375646 - in reply to #10375629)
Subject: RE: If you have 250k of cash


Nw Iowa
I understand but a lot of land loans in the country are between 3 and 4%. I agree with all your other advice. Pay the neeeded things first and most of time can make better interest by prepaying than cds. Back to OP if you have any operating money at all at current rates, with tax rates changing very shortly, it doesn’t make much sense to have a elevator keep your money interest free unless you can pencil a big drop in tax bracket next year.
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