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Yon: A Mortar at Night

259
eschew_obfuscation1/15/2009 10:25:56 am PST

re: #214 loppyd

Some say it’s not wise to pay cash if you can afford a monthly mortgage payment so you can get the tax refund for the interest. If you follow that school of though then I would go with either option 3 or 4.

I never understood the math on that one.

You pay 100% of the interest due and get 20% of it back in tax refunds? Why not just save it all?