Asked by Owen Rocke, 68046 • Tue Mar 31, 2009
I've recently bought a house with a VA 30-year fixed mortgage. Since I'm military, I know that I will be moving out eventually, probably somewhere around 4 to 5 years from now. Is it financially sound of me to pay extra into my principle? With such a relatively short time frame, will the extra equity really make that much of a difference when it comes time to sell? I like the prospect of owning more of my home, but part of me thinks I should be bulking up my savings more, or perhaps investing somewhere else.
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