Graham Stephen and housing

What are your thoughts on Graham Stephen for advocating a 15 to 30 year fixed mortgage and just paying off minimum payments and Investing rest? Mathematically, it made sense to do this since the return on investments is way higher than interest paid on home. However, he did state that most don’t have discipline to do that…What is the PFC thoughts on this?


We just refi’ed to a 15 year because we have been paying our mortgage like a 15 year anyway and couldn’t resist the rates. I have been grappling with 30 or 15 year, but we made a personal decision to want to pay off the home to free up the ability to travel/quit work earlier when the kiddo graduates HS. It was a personal decision that went against the math, but we realized that the opportunity cost did not work with our family.