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Should I pay off my Business Mortgage quickly?
| dashing nursing home | 01/22/26 |
| olive boyish marketing idea stage | 01/22/26 |
| soul-stirring newt | 01/22/26 |
| dashing nursing home | 01/22/26 |
| dashing nursing home | 01/26/26 |
| floppy center fortuitous meteor | 01/26/26 |
| Titillating aggressive principal's office | 01/26/26 |
| dashing nursing home | 02/09/26 |
| Opaque dog poop parlour | 01/26/26 |
Poast new message in this thread
Date: January 22nd, 2026 4:46 PM Author: dashing nursing home 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: olive boyish marketing idea stage 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: soul-stirring newt (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: dashing nursing home 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: dashing nursing home (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: floppy center fortuitous meteor 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: Titillating aggressive principal's office 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: dashing nursing home 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: Opaque dog poop parlour I owe $500k at 4.5%. More SOL it is (http://www.autoadmit.com/thread.php?thread_id=5825148&forum_id=2#49620983) |