
In the first part of this blog issue you have find some
healthy tips on mortgage. It laid down the former reason why you should not pay
off the mortgage faster. As payment of the mortgage for a longer time will let
you enjoy lower interest rates, get enclosure against inflation, have some
optimistic tax saving option and finally keep the emergency fund untouched.
After summing up the first part of this discussion let us
jump into the next section where we have several other reasons to tell why
paying off mortgage slowly is a benefit to the users.
· You have
a credit card debt or an auto loan to pay
You have to pay down the consumer loan first. The credit
card rates are higher than the mortgage...