Originally Posted by gdog

I am doing it right now with my place, I am dumping it in 3 years anyways so why pay into the equity since it is appreciating a little each month still. My original loan back in the day when I bought in 2000 was around 2800 per month, now I have taken out 200k in equity and there is still another 100k in it. My payment now is only 2000 per month interest only for 5 years.