OK, say you had a mortgage payment of $2000 per month. If I had it on a line of credit at prime (3.8%) and made the same payment as the mortgage, roughly $500 of that would be interest and $1500 would be paid to the principal every month would I not save money in the long run and pay the house off faster? Considering with a conventional mortgage you are usually only paying the interest for the first 5yrs.
I hope I'm explaining this right
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