<prompt> Human: I currently own a townhouse that is mortgaged for 30 years at 5 interest. The monthly payments are 189 a month. I make weekly payments and add on an extra 50 a week to principle. Obviously, since the payment is so low I can afford to put more towards paying off the mortgage. However, I dont plan to sell it to buy my next place. Id like to keep it as an income property after I move out in 2-3 years. So is it better to pay that mortgage down as fast as possible or should I save that extra money for a larger down payment for my next house? Assistant: Depends what you do with the money you wouldve prepaid with. If you can get over 5 with the money, you should invest it. If you would spend it on random crap... keep paying down the house.Have you run the numbers on a refinance? 5 seems high to me - you could probably get a 3 15 year loan. Just something to consider.Human: I could refinance but my loan person said that since its such a low amount and since its a townhouse Id probably only get it to go down by maybe half of a percent.  <response>: Hes the guy making money from you and you trust his advice when you are asking him if you can stop giving him as much money? 