Re: paying off my parent\'s mortgage..help needed
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the thing is that my mom is simple folk and i want to help her out financially, but she isnt really crazy about anyhting, and really loves her 450/wk daycare job.
her intestest rate is 6.5%, do you still think its better to pay monthly and invest, or to pay it off as a whole.
obviously, she is for the latter, being simple folk.
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Ah. I understand. Peace of mind for the folks is probably worth the incremental opportunity cost.
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