Quote:
Originally Posted by JDMDreams
O $600 a month housing cost isn't mortgage. It's housing cost estimate, so property tax, strata, electricity cable etc. I assumed there's no mortgage left, so fully paid out and rolled into the giant HELOC. Instead of keeping MTG and small HELOC
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I feel like there's no benefit to paying out when current mortgage rates are sub 2.2% and HELOC would be like bank prime + 0 - 0.5% = 2.45 - 2.95%