Should I Pay Off My Mortgage Early? Pros and Cons

Todd and Oana discuss the pros and cons of paying off your mortgage early. Many people ask if they should pay off their mortgage early and it depends on your specific circumstances. There are certainly pros and cons of early mortgage payoffs, especially if you plan on investing in higher rate of return assets.

There are many strategies to paying off your mortgage early as well. Making extra payments, paying an additional payment, or just adding to the amount that you pay and having it go toward principal reduction are ways to payoff your mortgage early.

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Bonus video: What happens when you make your last mortgage payment?    • What happens when…  

How to Pay Off your mortgage early    • How to Pay off Yo…  

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