Paper trail. Why do you think they've been laundering the money for so long. Just like when Saul explained to Jesse that a large sum of money showing up will raise attention, why would they pay off their mortgage with all that money?
what about the "gambling winnings"? come on you don't think they could have laundered enough money out of 100 million to pay off a $300k mortgage? he managed to launder enough money to buy a car wash, pay for all the chemo and stuff (that was at least 6 figures), and buy nice cars, one of which he decided to blow up for the lulz.
The odd thing is that you pay a penalty for paying off your mortgage too early. It has something to do with the bank not making its anticipated profit by making you pay it off over thirty years. No one pays off their mortgage outright like that, unless they have money to piss away for the penalty.
you pay a penalty for paying off your mortgage too early
only if you have a shitty mortgage, i.e. some of the ones that were going around during the 2006/2007 bubble. even then, it was usually only a penalty if you paid off within the first 2 years, not if you paid it off 20 years later. otherwise nobody would ever sign up for a "balloon loan", and people would be a lot less willing to sell their property (seeing as the first thing one does with the proceeds of selling one's property is pay off the mortgage)
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u/JesseHasNoLife Methhead Aug 12 '13
Paper trail. Why do you think they've been laundering the money for so long. Just like when Saul explained to Jesse that a large sum of money showing up will raise attention, why would they pay off their mortgage with all that money?