I certainly think this would be a better approach then having her money in the stock market where it has been.

Granted the principle portion of the payment made will reduce your loan balance and increase your equity but you cant spend equity that you may or may not realize when you sell.

The price of GE stock purchased in 1950 at $2.00 gave the same interest as the price today at $50.00.

Additionally, it encourages homeowners to pull out whatever little equity they have managed to accrue which effectively means that every time they refinance, they start paying pack almost all interest and never paying down the principle.

Who's buying what and where...Principles are the same in every county.

These are the ones on the good card stock that depot always accepts from me.

Also thought about playing the stock market (Gross!).

I purchased my first home6 months after I began working.When I got my first job out of college, I put 6% into my 401k and began buying stocks each week.

I dont own any 401K, stocks, etc.

I had the 540I before that and it was decently fast for a V8 that still got good gas mileage, but compared to the M5 it is a bit slow.It will kill any stock Mustang GT, Camaro Z28, Trans Am, etc so it is well within the muscle car category for speed, yet it is refined, quiet inside, and you can get a nice used one for under 28-30K.I would never pay the retail on one at 70K+ though, I'm too frugal to ever buy a new car.I've had the Vipers, Ferrari 355's, etc and love this M5 better than all of them.Drove the Caddy CTS-V too and liked it, but it didn't have the feel of breadth that an M5 has around corners.