"Ryan, KC8PMX" wrote

If your interest rate is less than 5%, the best loan to get is a 30 year!
It's cheap money. Paying off a house quick is foolish.

You've been brainwashed!!!

Instead of paying off that low interest loan quickly, one is smarter
paying
off the higher interest loans like automobiles, department and credit card
charges, and other loans/debts.

Then there are the rocket scientists (NOT!!!!) who refinance their house,
grab some equity cash, and pay off the remaining 3 year loan on their SUV
that they really couldn't afford in the first place. Now they're paying for
30 years on a truck that will be 25-years in the scrap-yard before it's paid
off. Brilliant financial wizards!!!

73, de Hans, K0HB