Posted 3/3/2021 19:30 (#8871096 - in reply to #8869825) Subject: RE: interest rates
SE SD
??? If you have a million dollars on a five year at 2.5 vs a 30 at 4% you pay 680,000 less in interest cost if you have the 30 you have 158,000 more a year to spend on those other high roi things. If you take that 158,000 extra every year and get 8% you would have 1.1 million.
And not everyone can payoff a piece of land in 5 years lol.
interest rates
