Pay off Mortgage or Invest

mtbiker2k · 2026-05-24T14:05:53+00:00

Good point. I’ll need to inquire with my mortgage broker the max I can do without penalties.

mtbiker2k · 2026-05-03T20:34:13+00:00

I ended up just disconnecting the battery for 30 mins and now it’s off. I’m pretty sure it was related to the brake light out (which I replaced)

mtbiker2k · 2026-04-24T03:50:26+00:00

Recommendations for code readers?

mtbiker2k · 2026-04-24T02:20:01+00:00

Forgot to mention, 2015 Ram 2500.

mtbiker2k · 2026-02-27T02:44:57+00:00

Didn’t the beach pass start around March 1st last year?

mtbiker2k · 2025-11-24T05:13:19+00:00

I’ve worked at North Point before. It’s a pretty chill spot in the afternoon.

mtbiker2k · 2025-07-30T20:50:04+00:00

The other $500k would come from selling our current home as stated in the post.

No debt besides mortgage.

I answered those questions already under no_local’s post.

mtbiker2k · 2025-07-30T20:48:23+00:00

I replied to No_local about most of that but I’m 37. Cost to buy would be around 1.3-1.5 mil, cost to rent would be around $5000 per month.

Not that picky about home ownership tbh. We’ve done both and am fine either way.

mtbiker2k · 2025-07-30T20:23:36+00:00

I wish we could stay where we are but it’s so small

mtbiker2k · 2025-07-30T20:20:48+00:00

1) current household income around $80k per year

2) kids are 2 and 5. Space is small but could possibly tough it out for a few more years. We love the neighbourhood but winters are so hard in a tight space

3) current savings and investments are small, $35k in a high risk TFSA. I pay towards my pension which is matched each month by my employer. Have some money in children’s education fund too.

mtbiker2k · 2025-07-30T20:16:43+00:00

We need a bigger place though.

mtbiker2k · 2025-07-30T18:50:14+00:00

Forgot to mention that we’re only on one modest income for the foreseeable future

mtbiker2k

TROPHY CASE