technovelist wrote:Not with such a small rate differential. Just pay the existing one off on a 10-year amortization schedule.
Stonebr wrote:Old School rule of thumb:
Total annual gross income times 2.5. This implies a mortgage no more than twice your annual income, plus a 20% down payment.
zmcpherson wrote:JDaniels wrote:This thinking may also cause something much more dangerous; having credit card debt as a "normal" feeling.
To muddle feelings into it is what creates a more dangerous environment.
aic wrote:Are you using your purchase price or recent appraisal guesstimates?
This seems low for the founder of a company that manages $2.0 trillion, not to mention someone who has been investing passively for a very long time.
chaz wrote:I second St. Augustine.
Blues wrote:letsgobobby wrote:how does 100% stocks sound, should I borrow against my house to invest, etc.
gdm129 wrote:expenses of 1850 per month including health care premium of 500.
condo paid off, 500k equity