this post was submitted on 16 Oct 2023
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[โ€“] Tar_alcaran@sh.itjust.works 2 points 1 year ago (1 children)

I do like that theory. Unfortunately my wallet disagrees with it. Thankfully we've locked it in for 2.2% for 20 year, and semi-realistically we should be able to pay it off before that runs out. But the official period is 30 years, since that's the legal maximum.

[โ€“] stolid_agnostic@lemmy.ml 1 points 1 year ago

Gotcha. Well consider adding a couple hundred bucks towards principle each month--it would still make a gigantic impact over the term of the loan.