I say:
- Sell the house
- Take the cash and invest it
- Take mortgage on on new house
- Interest rates will never be lower.
Ran a simple interest calculator of 75K run 8% interest for 15 years. Coincide this with a 15 year mortgage. At 46 you owe nobody a thing.
if you can put 20 k away a year in a 401 K till your 59 1/2 and you will have the world by the balls