Have MM2.2 USD mortgage left on primary (5.5%, MM2.0) and rental (2.75%, USD 200k). Primary is worth $4MM so monthly at 5.5% is chunk change and some by all means. I have RSUs worth 0.5MM vesting over the next couple months. I am split between paying down the 5.5% mortgage (for peace of mind) and investing (VTI has been growing at above 5.5%). If I go VTI way, I’d refinance as soon as rate are below 5 (pragmatically closer to 4.5%) but will not get to recast the mortgage to lower the monthly installment.
What would you do if you were in my shoes?
What would you do if you were in my shoes?
Statistics: Posted by Rey — Sun Nov 10, 2024 10:04 pm — Replies 2 — Views 249