Submitted by [deleted] t3_127t2ao in personalfinance
trueworkingclass t1_jefw2z3 wrote
how is it ok for you to pay extra 575 ( interest is 2.5%, not 0 %) for your debt, 9100 for interest on your mortgage; pay the minimum for your mortgage and get the debt paid off then put extra toward your mortgage
Cruian t1_jeg78e5 wrote
>how is it ok for you to pay extra 575 ( interest is 2.5%, not 0 %) for your debt, 9100 for interest on your mortgage
They can get a better return, risk free, by tossing that money into one of many HYSAs and only paying minimums on those debts.
Edit: Typo
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