6 ms·
Regarding 1.8x, what is your tax rate? I have the same situation in Canada but my marginal tax rate is approx 50%. As such, it is better for me to pay down my m
by throwaway19423 3y ago
Regarding 1.8x, what is your tax rate? I have the same situation in Canada but my marginal tax rate is approx 50%. As such, it is better for me to pay down my mortgage (through early payments).
- MrDresden 3y agoCurrently the financial income tax is 22%, and is being taken into account when saying the resulting outcome is 1.8x the mortage interests.