High interest with low price has the advantage that you can decide to pay more i...

vjvjvjvjghv on July 10, 2025 | parent | context | favorite | on: The death of partying in the USA

High interest with low price has the advantage that you can decide to pay more into the principal, reduce the interest you are paying and so reduce the total amount you are paying. You can’t do that with high price and low interest.

sokoloff on July 10, 2025 [–]

Yes and: You can also refinance later if rates fall.