Wealth transfers are inevitable no matter how you pay for the house. You save interest by prepaying, but you lose interest as well because those dollars are not earning interest. |
Wealth transfers are inevitable no matter how you decide to pay for your house. If you finance your purchase then there is the obvious wealth transfer in the form of interest payments. If you pay cash for your house there is wealth being transferred because your money is no longer earning interest. Our focus will be to help you maximize the dollars you are spending on your house by avoiding unnecessary transfers. |
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