Start a 403 B or Pay off Second Mortgage?
My sister came to me for advice (her older brother), and I'm not sure if I should advise her to pay off a second mortgage (she had an 80/20).... this is the 20 -- which has a 9% interest rate, or...
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There are some similar questions in earlier threads so it might be a good idea to look through them.IMHO on your particular situation some more detail would be helpful. For example, you don't say...
View ArticleRe: Start a 403 B or Pay off Second Mortgage?
Thanks. I'll check out the Ben Stein article and look for similar postings.The problem here was that there is no matching offered by her company (school).I'm guessing paying of the 2nd mortgage might...
View ArticleRe: Start a 403 B or Pay off Second Mortgage?
Well, 9% is a pretty high rate, and some school districts have absolutely dismal 403(b) plans limited to various high priced annuities. Absent a match, I'd say it depends on whether she has low cost...
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