Mortgage vs. Invest
Analyze the opportunity cost of every extra dollar you earn.
Financial Assumptions
The Verdict
Mathematically, you should Invest the Surplus.
If You Pay Debt
$133,911
Guaranteed Interest Savings
If You Invest
$200,339
Estimated Portfolio Value*
Wealth Comparison over 16.3 Years
By investing your $500 monthly, your portfolio grows to $200,339. However, if you put that same money into your mortgage, you "earn" $133,911 in saved interest costs.
Mortgage Payoff Schedule
Investment Growth Schedule
| Year | Projected Balance |
|---|---|
| Year 1 | $6,266 |
| Year 2 | $13,053 |
| Year 3 | $20,403 |
| Year 4 | $28,363 |
| Year 5 | $36,983 |
| Year 6 | $46,319 |
| Year 7 | $56,430 |
| Year 8 | $67,381 |
| Year 9 | $79,240 |
| Year 10 | $92,083 |
| Year 11 | $105,992 |
| Year 12 | $121,056 |
| Year 13 | $137,370 |
| Year 14 | $155,038 |
| Year 15 | $174,173 |
| Year 16 | $194,895 |
| Year 16.25 | $200,339 |