Originally Posted by
jcountry
Yes.
Pay cash.
The interest on a mortgage is insidious.
Most people just look at the monthly payment, but over the course of a mortgage, you pay for a house at least twice.
I like the idea of putting the money you would have spent into retirement accounts also.
Pay yourself in terms of tax advantaged savings and let it grow. And no matter what-don’t touch it until you actually retire.
Additionally, make extra principle payments every month if your mortgage doesn’t have a pre payment penalty clause. That'll save you tens of thousands over a 30 year mortgage period.