/fin-calc

Is it financially smarter to spend your extra money paying down your mortgage via additional principal payments, invest the extra money in something like an index fund etf, or buy an investment property?

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Financial-Calculator

Description

I started this project because I wanted to answer one basic question:

Is it financially smarter to spend your extra money paying down your mortgage via additional principal payments, or invest the extra money in something like an index fund etf?

This problem gets complicated once you start factoring in things like:

  • inflation
  • home appreciation rate in your area
  • your interest rate
  • your home purchase price
  • changes in your income over time