Originally Posted by
PNWFlyer
Dave Ramsey would not be very happy with you. You should take $800k out is savings immediately and pay off that debt.
Debt is bad. Just make sure you never do the math. you know the math that you are paying the bank only 2.25% on that money and the $800k you have invested is making significantly more that that. No sure why Dave Ramsey wants people to be poor.
Tell me you don’t know Dave without telling me you don’t know Dave…
Dave would have said great job, just make sure you refinance with a 15 year loan at that 2.25% (I got 2.125%) and make sure that mortgage payment does not exceed 25% of your net monthly income.
How many paid for homes get foreclosed?
-Bo