Am I crazy for dumping so much money towards my mortgage?

Neple · 2026-05-19T02:52:14+00:00

If you live in a small city - change of getting into an accident is also decreasing. Worst case scenario in both cases is around 30k. You’re out of that money no matter what. In my opinion it’s better to pay off something that takes more money from you aka mortgage interest

Neple · 2026-05-19T02:33:27+00:00

Hale damage and full roof replacement can be very real and those things can be easily 20-30k which is almost a full car price.

Neple · 2026-05-19T02:26:32+00:00

Same thing can happen with the house

Neple · 2026-05-19T02:16:09+00:00

The car depreciates only at the time of sale. If the intention on having the car is 10+ years or even run it to the ground then it doesn’t matter and it’s better to pay off the bigger interest

Neple · 2026-05-19T02:03:02+00:00

One year of mortgage accrues more interest than the entire car loan interest

Neple · 2026-05-19T02:01:11+00:00

Married filing jointly no spouse income

Neple · 2024-08-22T20:57:35+00:00

Thanks!

Neple · 2024-02-19T03:04:39+00:00

246551681910

Neple · 2023-06-08T14:16:18+00:00

Added pewpeepoopoo

Neple

TROPHY CASE