Search found 2 matches
Search found 2 matches • Page 1 of 1
- Fri Jun 28, 2013 5:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mortgage Buy-Back (Not Payoff)
- Replies: 2
- Views: 509
As a twist on the typical prepay mortgage v. invest threads, I have been thinking about the following scenario. From the bank’s perspective, a mortgage is similar to a bond. I understand that it is not quite the same as a traditional bond because each payment is both interest and principal, and the ...