I live in Charlotte, NC, and plan to retire in July 31, 2009. I’m getting old to 66 years. I expect my mortgage loan and equity pay out more money available. The two loans equal to $ 1,125.00 per month. Is this a good idea, or should I invest money with the money I’ll have time. Overall, the money would be $ 460,000.00.
Mortgage and equity loan, you have a better interest rate than other products? not an equity loan will have an advantage or is it the same thing if I was really more about a mortgage?