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Should I pay off my Business Mortgage quickly?
| flickering brethren | 01/22/26 |
| sapphire locale juggernaut | 01/22/26 |
| heady corn cake nibblets | 01/22/26 |
| flickering brethren | 01/22/26 |
| flickering brethren | 01/26/26 |
| aqua frozen hall | 01/26/26 |
| excitant shrine ape | 01/26/26 |
| ...,....,,........ | 02/09/26 |
| citrine startled field | 01/26/26 |
Poast new message in this thread
Date: January 22nd, 2026 4:46 PM Author: flickering brethren I own my office building. Interest rate is 8.4%. I owe about $120k on it.
Should I just hurry up and pay the fucker off or just continue to make minimum payments and keep my money in the bank? |
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Date: January 22nd, 2026 4:56 PM Author: sapphire locale juggernaut Yea unless you have a prepayment penalty. (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49609664) |
Date: January 22nd, 2026 4:57 PM Author: heady corn cake nibblets lmfao (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49609668) |
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Date: January 22nd, 2026 5:03 PM Author: flickering brethren What's funny? (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49609687) |
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Date: January 26th, 2026 3:28 PM Author: flickering brethren (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49620940) |
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Date: January 26th, 2026 3:31 PM Author: aqua frozen hall 8.4% is dogshit (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49620948) |
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Date: January 26th, 2026 3:39 PM Author: excitant shrine ape The return on investment from paying off debt equals the interest rate on that debt. So paying off the mortgage gives you an 8.4% annualized return. Less than the S&P 500, my thought is make the minimum payments and invest the money that you would have spent otherwise. (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49620970) |
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Date: February 9th, 2026 4:33 PM Author: ...,....,,........ But why is it a good idea to continue paying 8.4% in interest to the Je...individuals over my loan? (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49659006) |
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Date: January 26th, 2026 3:43 PM Author: citrine startled field I owe $500k at 4.5%. More SOL it is (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2)#49620983) |