Originally Posted by
mtparadis
You "come out ahead" by saving a few days of of interest but paying ~4% for the convenience? If you have a mortgage payment that you need to float, get a smaller house.
Need to float no, want to float now and then yes. And it's not 4% it's 2.5% Not to mention the other option. If you are putting it on a 0% for 12 months card you can come out way ahead making minimum monthly payments and putting the savings into a 6% or better account.
-Dave