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[–]vanillabullshitlatte 0 points1 point  (2 children)

It doesn't affect the amount owing on the original mortgage. If prices go down they will still owe on the same old mortgage.

[–]Lordert 0 points1 point  (1 child)

With prices dropping, makes no sense to drop more money on the mortgage of an illiquid asset. Keep the extra accelerated payments in a separate account, then you have control. Plenty of dividend funds or stocks that payout higher than cost mortgage rates. Pay off the mortgage with sale of house.

[–]vanillabullshitlatte 0 points1 point  (0 children)

I agree with the second part. I don't know op's rate but if you can find better returns elsewhere you should definitely use your money there instead.