[Nicholasp27]

i did 80/20

i can afford the payments and also pay 250/month extra onto the 2nd (higher interest) mortgage for the 20 to save lots of money in interest and pay it off faster


i don't care if it's a bear market; i can afford my payments and i went FIXED, which is most important; those that went ARMs that come up when rates are higher and they are upside down in their mortgages will be in trouble


if u can't afford the fixed rate note, then u can't afford the house...also, mortgage interest is tax deductible

if i had the 20% to put down on the mortgage, i'd rather put it into something making interest...after all, why not pay the 6.5% - tax deduction and put the money into the index fund or some other investment that should do better than 6.5% - tax deduction?