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jws1300 OP t1_j6e2run wrote

Reply to comment by Comprehensive-Tea-69 in Pay down on house or keep in savings? by jws1300

Good point. I'm a single father so just one income. I want to have no debt asap so if I did lose my job I wouldnt be scurrying to get income.

Once the mortgage is paid off the only expenses would be the normal life expenses (water, food, electricity, etc).

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yes_its_him t1_j6etjhx wrote

> I want to have no debt asap so if I did lose my job I wouldnt be scurrying to get income.

Don't do that. If you lose your job, you want cash, not equity. You can fund the mortgage for many months even if you lose your job if you have the money liquid.

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