It's a good article, though the math is a bit simple. There should be at least a little consideration that $1 in 30 years time is worth a lot less than $1 now.
Additionally, it ignores what your funds can earn in the interim. As a basic example, people who have a fixed and a flexi portion of their mortgage save 4-6%pa on their flexi funds that stay in that account instead of paying a 3-4% fixed mortgage.
Additionally, it ignores what your funds can earn in the interim. As a basic example, people who have a fixed and a flexi portion of their mortgage save 4-6%pa on their flexi funds that stay in that account instead of paying a 3-4% fixed mortgage.
Comment