Show HN: Overpay mortgage or invest? I built a calculator to help you decide
showloan.infoHey. I built a loan (mortgage) calculator that lets you compare the savings from overpaying your loan with the potential profits from investing those extra funds.
It will help you answer a key question: is it smarter to overpay your mortgage or invest the extra money? See the hard data and make smarter financial choices!
The comparison is simple:
1. Both the overpayer and the investor have the same mortgage. 2. They both spend the same amount monthly. 3. The overpayer overpays the mortgage installments. 4. The investor puts that extra money into investments.
Who comes out ahead after the mortgage is paid off? Who has more $$? See the comparison at https://showloan.info
As a note, on the site you frequently misuse the word “interests” instead of “interest” without S.
Thank you! Obvious mistake. To be honest, I'm not English native and I struggle to find balance between formal/informal for such kind of app/content :D "Installment" sounds so exotic for me :D