Prepay Mortgage or Invest Extra Cash
Each situation is unique. Consult your accountant on these matters
How much more you have to spend each month
Current monthly payment (principle & interest only)
Current Annual Loan Interest Rate
Current Loan Balance
Loan Interest Deductibility
Yes
No
Expected Long Term Investment Return (%)
Under Mattress (0.0 %)
Checking Account (2.0 %)
Money Market (4.5 %)
CD's (6.0 %)
Conservative Bonds (7.0 %)
High-Yield Bonds (8.0 %)
Conservative Stocks (9.0 %)
Moderate Stocks (10.0 %)
Agressive Stocks (12.0 %)
Long Bull Market(15.0 %)
Indefinite Bull Market?(20.0 %)
Long Shark!(30.0 %)
Expected Long Term Tax Rate (%) (Federal+State)
Investment Type
After-Tax
Tax Deferred