Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

onethatcares

(16,836 posts)

2. no prepayment penalty

Reply to onethatcares (Original post)

Wed Oct 31, 2012, 02:14 PM

Oct 2012

but I just don't see paying off the note prior to kicking the proverbial bucket.

We don't have a lot of savings but we do have some. I'm looking at adding to same by using the
additional moneys we've been sending to the bank feeling that cash in hand is better than the alternative.
We already have a savings plan which we do stick to.

I am also considering early collection of my ss benefits but working part time to supplement them.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

question regarding home payoff vs savings [View all] onethatcares Oct 2012 OP

I am actually in the same situation you are. dixiegrrrrl Oct 2012 #1

no prepayment penalty onethatcares Oct 2012 #2

First of all, isn't it truly wonderful that you can get SheilaT Nov 2012 #3

Go for liquidity. trof Nov 2012 #4