Dracula
Package Car is cake compared to this...
Paying down a mortgage at current interest rates vs. investing the money is a topic of much debate... but I was thinking more about people with interest-only and 7% loans (who can't refi - and there's many out there).
And even a 2%, or 1%, contribution will lower your take-home pay.
OK, call me stupid, but isn't that kind of the idea behind saving? Taking from now to get later? Of course it will lower your take home pay. Saving isn't free...