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Pros and Cons of Paying Off Your Mortgage Early

Prairie Eco-Thrifter

SEPTEMBER 3, 2012

Keeping your mortgage gives a guaranteed 6% return on investment which compounds over the 30 year term; other investment options may be a less safe bet, with no guarantee that you will get a higher rate of return. The interest on your mortgage is tax deductible if you rent your property, giving you an extra return on investment.

Refinancing

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Refinancing Taxes Real Estate Money

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