Having second thoughts on LS swap.
#87
Non LS-Miata stuff. Non Miata stuff. Non car stuff. I have a house and land but given it's 18 ******* degrees here today I'd rather have that house and land somewhere that doesn't have a winter and doesn't have Balt-DC corridor cost of living. Hell I just want to move somewhere where my junk doesn't shrink up 5 months out of the year.
#89
Who me? I'd never pay off my home loan early. In fact, I just refinanced back to 30 years. Given a 4.75 interest rate for 30 years, it doesn't make financial sense to me. Getting off topic a bit here though. But the chunk I spent on the Miata would have made me a decent amount of money in the stock market the last two years.
#91
There was a thread in BS about investments a while back where I touched on all this stuff.
#93
I'm firmly in the Ric Edelman camp on this:
10 reasons to carry a big mortgage
Frank
#94
Elite Member
iTrader: (14)
Join Date: Sep 2009
Location: Birmingham, AL
Posts: 2,101
Total Cats: 180
I don't. Mortgage interest is tax deductible. So if you're in the %25 tax, your actual interest on that 5% 30 year fixed loan is 5 - 5(tax bracket) = 3.75.
I'm firmly in the Ric Edelman camp on this:
10 reasons to carry a big mortgage
Frank
I'm firmly in the Ric Edelman camp on this:
10 reasons to carry a big mortgage
Frank
So what about this LS swap?
Thread
Thread Starter
Forum
Replies
Last Post