ext_5893 ([identity profile] clanwilliam.livejournal.com) wrote in [personal profile] ailbhe 2009-01-07 01:42 pm (UTC)

Unless you're in severe difficulty, I wouldn't. Pay off as much as you can while interest rates are low. There may be a point at which rates go a *lot* higher, which is when you'd want the option to be able to reduce capital payments. And the more you pay off now, the less interest you'll have to pay when rates rise again.

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