The question
Extra money each month — into the mortgage, or into investments?
A guaranteed return at your mortgage rate, against an uncertain one.
What we know
Pulled from My Stuff. Nothing is re-asked.
Nothing on file yet that bears on this decision. You can still work it through here — or add a few things in My Stuff so every future decision starts warmer.
What we still need
Only the things that genuinely move the answer. Approximate is fine — leave anything blank and it stays a stated assumption, never an invented number.
Stated assumptions
- Assuming extra you could put in monthly not provided.
- Assuming your mortgage rate not provided.
- Assuming mortgage balance not provided.
- Assuming what your cash reserve looks like not provided.
CredABLE won't turn these into an authoritative-looking figure. Where a number decides the answer, it will say so and ask.
Options
Real alternatives. Very few of these decisions are actually yes or no.
Extra to the mortgage
A guaranteed return equal to your rate. Illiquid.
Invest it
Higher expected return, no guarantee, stays reachable.
Fill the reserve first
Usually right when there isn't one yet.
Max tax-advantaged space first
Match and tax treatment can beat both.
Impact
What CredABLE will compare the options on.
What changes the answer
Assumptions that can flip the recommendation, stated up front.
- Your rate. A 3% mortgage and a 7.5% mortgage are different questions.
- Whether there's an employer match you're leaving on the table.
- Whether you have a real reserve yet.
CredABLE's take
A clear read on your version of this, plus the next move.
You'll get one interpretation, not a shrug — and every assumption behind a number will be written in front of it.
Save this scenario
Come back to it, or compare it against another.
Examples: “$650k house”, “Pay off cards”, “HELOC option”, “Investment property #1”.