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Which mortgage should I pay off first? Same interest rate and mortgage length

You already have two answers, I'll be the guy who go orthogonal: I suggest you consider to not repay any mortgages early. If you do, there is an associated opportunity cost, of not investing the money ...
v.oddou's user avatar
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11 votes

Which mortgage should I pay off first? Same interest rate and mortgage length

However, I just started thinking, and because of the nature of amortized loans, I'm obviously paying quite a lot of interest in the beginning.... This is a common point of confusion, the portion of ...
Hart CO's user avatar
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42 votes
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Which mortgage should I pay off first? Same interest rate and mortgage length

You haven't accounted for what happens when the small loan is completely paid off. Seven years into the aggressive payoff schedule you need to shift all original principal and interest payment and the ...
mhoran_psprep's user avatar

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