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From: halle1@houxz.UUCP (J.HALLE)
Newsgroups: net.invest
Subject: Re: Mortgage Pre-payment vs IRA
Message-ID: <713@houxz.UUCP>
Date: Tue, 27-Mar-84 11:14:55 EST
Article-I.D.: houxz.713
Posted: Tue Mar 27 11:14:55 1984
Date-Received: Wed, 28-Mar-84 01:23:44 EST
References: <940@ihuxm.UUCP>
Organization: AT&T Bell Labs, Holmdel NJ
Lines: 5

Only you can decide if it is better to prepay.  Is the post tax return on
the money you would invest more or less than the post tax cost of the
interest?  The question is not that simple.  You really should calculate the
present worth of the money after several years to take into account the
interest you'd pay for several years and the earnings for several years.