Hey Mike,
I think your intent was right, it's just when the words get personal that the message loses its strength.
That said, I agree with you, I don't see any good reason to be paying on an interest-only loan -- though I would be open to looking at the numbers on paper, if someone who was a proven financial advisor would show me how it could make good sense. Also -- I see no problem with charging market value for a rental, even if that is higher than the mortgage payment. I mean, if you add in property taxes, insurance, depreciation on appliances, repairs, upkeep, and the additional time it personally takes to be a landlord & take care of all the paperwork, that is justified in and of itself.
Anyway --- financial planning is something that is different for each individual. Paying off a car loan more quickly is not necessarily the best thing to do, if that loan has a 1.9% interest rate, and you are able to invest the amount you would have spent paying off the loan faster, in something that earns a even higher rate - like a 401k. Where I work, our company used to match our 401k contributions 100% on up to 6% pre-tax, so the way I looked at it, my 6% contribution netted me a 100% return on my money. Not Bad for an investment! (Company has since dropped the match to 50%.)
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