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Old 09-12-2008, 02:13 PM   #9
MoneyGuy
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Quote:
Originally Posted by czure32 View Post
....you mention possibly putting the funds into a high interest savings account and continuing making the regular payments, but that will only be beneficial if you earn more in interest than what the loan accumulates between payments
Maybe not even then. That interest is taxable at your marginal rate so if you get 3% interest, it's less than that after taxes.
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