| Author | Message | ||
Vjawarrior Megastar Username: Vjawarrior Post Number: 29436 Registered: 02-2014 Posted From: 153.2.247.35 Rating: N/A |
idi depends ley....if the stocks u put ur money dont perform...or companies go bankrupt...u r doomed naa | ||
Executor Comedian Username: Executor Post Number: 1107 Registered: 04-2010 Posted From: 107.77.87.94 Rating: |
Paying off mortgage in US is the dumbest idea ever. Period!!! If you can't grow your money at a rate higher than the mortgage interest rates, yycan jump off a cliff | ||
Vjawarrior Megastar Username: Vjawarrior Post Number: 29430 Registered: 02-2014 Posted From: 153.2.247.35 Rating: N/A |
wrong..I have 401k offered by my employer...if not u have IRA option.... kids education ki investing wate as u dont know ehere you ll be by that time | ||
Chandhra Comedian Username: Chandhra Post Number: 1184 Registered: 03-2016 Posted From: 71.62.203.11 Rating: N/A |
Primary house ayithe tax benefit untudhi kada annai .. so if you are paying 3.5 ... with tax breaks it may be 2.5 to 2.7%. Conventional ga Stock Market lo safe funds lo pedithe .. 6 to 7% easy ga ravali ... although there is risk. | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2025 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
may be the second house.. you do not consider the house you live to your net worth.. | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2024 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
I am talking about future earnings.. you will not pay tax earnings on College Funds.. if you can't do pre-tax do after-tax 401K like Roth 401.. you do not have to pay tax on earnings.. even on conservative yield 2.5% is better than 3% mortgage after tax break.. | ||
Starc Side Hero Username: Starc Post Number: 5645 Registered: 03-2015 Posted From: 170.63.153.14 Rating: N/A |
pay off cheste.. repoddunna.. recession lo value padipothe.. bokke kada.. loan unte.. at least bankruptcy petti.. india ki dobbocchu | ||
Rebel Hero Username: Rebel Post Number: 15734 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>.. invest in your 401k or kids college funds.. or bonds.. why lose tax break and tax bracket.. Assuming I used all tax breaks..what next ? no tax breaks for kids college funds in my state consultants aithe no 401K.. bonds are not recommended for taxable..their yield is less than 2.5% anyway | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2023 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
no.. invest in your 401k or kids college funds.. or bonds.. why lose tax break and tax bracket.. | ||
Bullabbai Junior Artist Username: Bullabbai Post Number: 461 Registered: 09-2013 Posted From: 155.63.0.254 Rating: N/A |
My neighbor paid off their home in 7years and recently bought an investment home by downpaying 25%. I understand double income part, but still how did you manage it ra ante.. no 401K and no other savings.. all used to pay it off. With both houses together their networth is 1M. | ||
Rebel Hero Username: Rebel Post Number: 15726 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>Naa view tho gotcha and saarang views match valliddaru real estate kings..ofcourse no payoff ane chebutaru..adi vallaki correct.. | ||
Saarang Hero Username: Saarang Post Number: 15426 Registered: 06-2012 Posted From: 206.29.176.77 Rating: N/A |
Payoff cheyyoddhu ane Raaju gaaru cheppedhi...but if someone says it does not work for them because they will not use the remaining money properly..I can understand ani cheptunna. | ||
Rebel Hero Username: Rebel Post Number: 15725 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>does it make sense for a H1 guy to pay off his house in vomerica doesn't matter kada..h1 meeda illu konnodiki payoff cheytaniki emaindi.. when he sells he gets his money if he paid off | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 73482 Registered: 04-2009 Posted From: 166.137.10.75 Rating: N/A |
def not good if H1 pays off..IMO | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 73481 Registered: 04-2009 Posted From: 166.137.10.75 Rating: N/A |
Rebel annai, Naa view tho gotcha and saarang views match ayyayi...  | ||
Rajusk Legend Username: Rajusk Post Number: 54743 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
chith thu hara..path main jeetha type lo septhe etla rao garu.. edo okati sepithe..mango feeful like us will follow
Rebel goru..moodo angle kooda add seyyandi.. does it make sense for a H1 guy to pay off his house in vomerica ani  | ||
Saarang Hero Username: Saarang Post Number: 15425 Registered: 06-2012 Posted From: 206.29.176.77 Rating: N/A |
Beaten to death topic...doesn't make any sense to me...but kondaru payoff cheyyakapothey waste chestaamu antaaru...not the most craziest argument. | ||
Rebel Hero Username: Rebel Post Number: 15719 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>have cash and lots of cash with you... cash will loose to inflation...atleast ikkada 3.5% return vastundi kada | ||
Vjawarrior Megastar Username: Vjawarrior Post Number: 29422 Registered: 02-2014 Posted From: 153.2.247.35 Rating: N/A |
pure stupidity idi maatram..... have cash and lots of cash with you... do SIP investing in FAANG every month.... buy 1 biscuit every month...anthe ... | ||
Rebel Hero Username: Rebel Post Number: 15716 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
social security tax limit jump in 2017 from $118,500 to $127,200..so extra bokka for high income earners | ||
Jai_ycp Side Hero Username: Jai_ycp Post Number: 8478 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
financially not a great choice to payoff. why 1) rates are low. 2) paid off home does not increase value nor generate income. adhe dabbu tho investment property konte you have new income. other side is make sure you dont have big mortgage payments when your kids come to college. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Rasputin Megastar Username: Rasputin Post Number: 21157 Registered: 02-2008 Posted From: 172.56.5.209 Rating: N/A |
lol very apt GIF 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 | ||
Rajusk Legend Username: Rajusk Post Number: 54739 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
vachesa.. vachi..rich feeful andarni tarimesa..muahh | ||
True_indian Hero Username: True_indian Post Number: 14049 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
uncle i neither have a home or tsla yaaa .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Jalsa Legend Username: Jalsa Post Number: 35732 Registered: 02-2008 Posted From: 159.53.110.142 Rating: N/A |
inko depressing thread laaga undhi...raju garu vachaara ledha theddu lo ki | ||
Hero Hero Username: Hero Post Number: 10591 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
22k ante 750k illu babu...TX lo mostly 3% kada | ||
Rajusk Legend Username: Rajusk Post Number: 54738 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
 maa middle class ni ee thaadu lo disco sesukonivvandi.. meeki already Tesla thaadu undi gaa | ||
Jodhaa Legend Username: Jodhaa Post Number: 34463 Registered: 02-2008 Posted From: 165.156.39.52 Rating: N/A |
Adhi first home ki | ||
Rebel Hero Username: Rebel Post Number: 15713 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>adenti i thought u paid off long back 1 M house lo 375K left ante not bada kada.. even mark zukerburg is carrying a mortgage..but hyder is not | ||
True_indian Hero Username: True_indian Post Number: 14046 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
 .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Tombrady Legend Username: Tombrady Post Number: 55732 Registered: 05-2012 Posted From: 216.163.220.32 Rating: N/A |
home theatre thed ki vasthe doubts vunnai | ||
Rebel Hero Username: Rebel Post Number: 15712 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>hyder laga nuvu kuda cash down kada endi hyder 1 M house cash down chesi konada | ||
Simba Megastar Username: Simba Post Number: 21696 Registered: 02-2008 Posted From: 206.210.27.33 Rating: N/A |
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True_indian Hero Username: True_indian Post Number: 14043 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
 adenti i thought u paid off long back hyder laga nuvu kuda cash down kada tsla check icchi konnavu ani thinking  .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
True_indian Hero Username: True_indian Post Number: 14042 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
adenti i thought u paid off long back hyder laga nuvu kuda cash down kada tsla check icchi konnavu ani thinking  .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 12215 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Oh, Ayithe maa VA rocks. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Tombrady Legend Username: Tombrady Post Number: 55730 Registered: 05-2012 Posted From: 216.163.220.32 Rating: N/A |
if you can invest that money wisely then NO if you cannot then paying off makes sense debt free is always a good thing | ||
Hero Hero Username: Hero Post Number: 10590 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
payoff early as soon as you can and be debt free . interest meeda ...avi ivi lekkalu vesukoni chinna chitaka savings are not big deal... pay off fast and buy and invest more... nee balance sheet lo appulu undakudadu . | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 73466 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Nannu involve cheyakandi rao gaaru...2-3% ki evaranna appu iste tesukunta, naa calculator arustadi aa % ki pay off cheste, anduke nenu licked emo..  | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 35602 Registered: 02-2009 Rating: N/A |
income tax kattaru gaaa indra cnmaa lo laaga anni free free free antay kattam | ||
Rebel Hero Username: Rebel Post Number: 15710 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>If possible, pay off nice! mahamahulu like TT,ycp,startrek,hero saying payoff.. pillollu like ntr rocks saying not to. | ||
Telugu_times Legend Username: Telugu_times Post Number: 50199 Registered: 02-2008 Posted From: 99.0.30.9 Rating: N/A |
If possible, pay off Ignore spam and AJ. | ||
Hero Hero Username: Hero Post Number: 10589 Registered: 09-2009 Posted From: 174.218.15.121 Rating: N/A |
Payoff early and buy investment property if you can | ||
Jodhaa Legend Username: Jodhaa Post Number: 34461 Registered: 02-2008 Posted From: 165.156.39.52 Rating: N/A |
reeyyyyyy..ikkada close to 3% ra..  | ||
Gotcha Megastar Username: Gotcha Post Number: 27855 Registered: 02-2008 Posted From: 172.87.48.134 Rating: |
if u pay off ur motgage u r loosing at lease 12k principal interest kada which u don't deduct it means you are lossing around 4k money every year. so u paying off early u might be loosing 4k ... | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 63407 Registered: 10-2009 Posted From: 67.191.221.7 Rating: N/A |
oka 5 years back varaku..big houses ...not so big property taxes annatlundedhi....desi manda(including me) yegabadadam tho Dallas ainaa dakota ainaa pedha theda emi ledhu ippudu....hole guarantee | ||
Starc Side Hero Username: Starc Post Number: 5638 Registered: 03-2015 Posted From: 170.63.153.14 Rating: N/A |
3.5 interest rate is too low.. if you have same money then invest in another property. That may double the money in another 5 years. paying off would not double your money.. think like gujju.. not like gulte | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 2958 Registered: 06-2013 Posted From: 165.225.34.110 Rating: N/A |
Reasonable. | ||
Rebel Hero Username: Rebel Post Number: 15709 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>Mee iillu 1.4 M aaa.. 22k property taxes kaduthunaaru ante 1 M ki konnadu..1 year lo 1.4 M ayindi | ||
Rebel Hero Username: Rebel Post Number: 15708 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>, less cost of living in VA aunu NOVA,MD lo very less cost of living..humpty kurrod vachi views seppali property tax okate kaadu kada to determine cost of living | ||
Patman Side Hero Username: Patman Post Number: 2956 Registered: 06-2014 Posted From: 47.185.168.35 Rating: N/A |
Mee iillu 1.4 M aaa.. 22k property taxes kaduthunaaru ante Thuuuuu naa bathuku .. akariki bala ni gillithe ban ayaaa .. chaasssssssss | ||
Rebel Hero Username: Rebel Post Number: 15707 Registered: 02-2008 Posted From: 159.45.129.14 Rating: |
>>in 5 years ......year ki 170 k in hand it's not only 5 years..it's savings for 10-15 years before buying house as well. it takes strict financial discipline to payoff house..that's why I applaud those. india pampi akkada ekaraalu kone badule they choose to payoff here.. over time u will loose in currency conversion anyway | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 12212 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
oh maaku 0.98%, So maa area better anukunta, less cost of living and jobs wise market kooda bavutundi. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Bimmer Comedian Username: Bimmer Post Number: 1504 Registered: 04-2014 Posted From: 198.33.159.252 Rating: N/A |
say avg 500k loan is being paid off in 5 years...so the family income + trips etc take home should atleast 850k in 5 years ...year ki 170 k in hand after taxes  I might be the poorest in this forum WE THE NORTH | ||
Simba Megastar Username: Simba Post Number: 21695 Registered: 02-2008 Posted From: 206.210.27.33 Rating: N/A |
we are at 2.19% | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 12211 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
 Vammo. maaku year ki 1% anukunta VA lo. Meeku percentage problem or 1% ke antha ayyentha pedda illa?Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 73463 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
endi nee torture...3% loan kuda pay off enduku...legess India ki pampi parents account lo eyi, 9%+ vastadi.. | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 12210 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Into ee madya DB ki vaste chala depressing untundi ilantivi choosi. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Jodhaa Legend Username: Jodhaa Post Number: 34457 Registered: 02-2008 Posted From: 165.156.39.47 Rating: N/A |
Dallas lo mee community property tax entha? | ||
Jodhaa Legend Username: Jodhaa Post Number: 34456 Registered: 02-2008 Posted From: 165.156.39.47 Rating: N/A |
DB lo evarini manashaanthi ga uncha koodadhu ani kankanam kattukunnattunaaru ga | ||
Maverick Legend Username: Maverick Post Number: 63753 Registered: 01-2008 Posted From: 108.171.130.188 Rating: N/A |
seattle ee nayam laa undi..property taxes wise Happy Vizag | ||
Rebel Hero Username: Rebel Post Number: 15705 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>alaa anukoni Dallas vasthe ikkada almost 22K property taxes per year TX doesn't have state income tax kada..so u save around 15K for dual incomes | ||
Maverick Legend Username: Maverick Post Number: 63752 Registered: 01-2008 Posted From: 108.171.130.188 Rating: N/A |
hmm..house prices increase aite idoka disadv Happy Vizag | ||
Simba Megastar Username: Simba Post Number: 21694 Registered: 02-2008 Posted From: 206.210.17.33 Rating: N/A |
I have about 375k loan, which is average for any house. But, property tax is killer at 21k, which may increase in future | ||
True_indian Hero Username: True_indian Post Number: 14039 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
million dollar iluki adi tax ve kada isnt NJ 3% of the value tokkalo charlotte lo we are paying 1.37% towards property taxes .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12452 Registered: 01-2008 Posted From: 47.187.10.234 Rating: N/A |
alaa anukoni Dallas vasthe ikkada almost 22K property taxes per year.. Simba community lo drive ki velthe ramoji film city lo vunna landscapes laa vuntaayi okko inti mundu landscaping / gardens... superb views Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Andhrawala Legend Username: Andhrawala Post Number: 58068 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
1800 in property tax antee Simba kurrodi illu South Brunswick lo pedha mansion ayyuntundhii No Signature | ||
Speaker Side Hero Username: Speaker Post Number: 5630 Registered: 06-2016 Posted From: 66.46.216.118 Rating: N/A |
anduke NJ ni denkesi, PA/de ki ellipo ehes... Oka aalochana medilindi..aa aalochane nannu ennukundi..kaabatte ee post padindi. | ||
Rebel Hero Username: Rebel Post Number: 15704 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
>>we would pay $1800+ (as of today) per month towards property taxes ur property tax payment is more than average guy mortgage payment..NJ lo unte idoka advantage | ||
Maverick Legend Username: Maverick Post Number: 63751 Registered: 01-2008 Posted From: 108.171.130.188 Rating: N/A |
if u dont mind whats ur total mortgage (insurance etc all combined_ Happy Vizag | ||
Rebel Hero Username: Rebel Post Number: 15703 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
Nice to hear guys.. what's ur thinking to pay-off when we are mass programmed to carry debt for 30 years ? stock market up 10% annually past 9 years..any regrets over paying mortgage than to invest ? | ||
Simba Megastar Username: Simba Post Number: 21692 Registered: 02-2008 Posted From: 206.210.17.33 Rating: N/A |
even if we payoff mortgage, we would pay $1800+ (as of today) per month towards property taxes. Pttcchhh... dochestunnaru... | ||
Startrek Junior Artist Username: Startrek Post Number: 252 Registered: 05-2012 Posted From: 72.46.217.36 Rating: N/A |
yes we paid off in less than 5 years and now we are tension free. Job issues etc vaatiki bhayapadalsina avasaram ledu and savings kuda bane increase aitai and we don't have to worry about spending on kids' activities | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 4806 Registered: 03-2014 Posted From: 129.135.0.19 Rating: N/A |
I paid off my home in less than five years.. Debt free now.. I still think it was a very good decision. | ||
Rebel Hero Username: Rebel Post Number: 15702 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
Is there any benefit in paying off the mortgage principal aggressively ? say the rate is 3.5 %. stock market lo past is not predictive of future. By paying early, you are getting 3.5% guaranteed return, discounting any tax benefits. Checking/Savings account Interest rates around 0.1-1%. Bonds yielding around 2.3%. Any one has a paid off home and recommend this ? |
