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Personal loan
Should i payoff loans even if i have enough to pay for it or not?
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[QUOTE="RAHULRAJA, post: 153862, member: 48270"] I have mortgage of $250K @3.75% for remaining 24 years term (actual 16 years) and car loan of $43K @4% for 6 years term. I just recently sold some of the stocks and bank saving of total $110K (majority of case $70K from selling stock recently that I had from 2012) I still have $70K and another 160K worth of stocks in 2nd account that I am considering to sell. Should I pay off my loans by selling stocks i have or invest in other stocks or 2nd mortgage or go on safer route with mutual funds etc? Also should i consider refinance my loan(s) to maybe 10 year term @~3%? [/QUOTE]
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Should i payoff loans even if i have enough to pay for it or not?
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