The answer to the original question is pretty simple.
Just for illustration, if your savings pays 10% and your Mortgage charges 5%, you want to keep the mortgage as long as possible as you are in a positive cash flow situation. Paying off the mortgage in this scenario would cost you money in the long run.
If your savings pays 5%, and the mortgage charges 10% then you pay it off as soon as possible, as you are in a negative cash flow situation.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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