Saturday School: The Benefits of Paying Off Your Mortgage

Saturday School: The Benefits of Paying Off Your Mortgage Photo by Constantin Stanciu / Shutterstock.com

Should you pay off your mortgage or not? The debate has raged for years, with some believing the move to be shrewd, and others viewing it as financially foolish.

Recent changes to the tax code might have swung the argument in favor of paying down your home loan. But even prior to that tax reform effort, many experts argued for getting rid of mortgage debt as quickly as possible.

Watch this video from Best CreditRepairCompanys to hear some financial experts explain why paying down the mortgage can be a smart move.

For more tips, check out “7 Painless Ways to Pay Off Your Mortgage Years Earlier.”

Have you paid down a mortgage? Tell us about your experience in comments below or on Facebook.

Popular Articles

27 Money-Saving Ways to Use Vinegar in Every Room of Your Home
27 Money-Saving Ways to Use Vinegar in Every Room of Your Home

Vinegar is arguably the most versatile product in your house. If you aren’t using it for all of these purposes, you’re probably wasting money.

5 Ways to Keep Your Aging Brain Sharp
5 Ways to Keep Your Aging Brain Sharp

Forget young at heart — science says these tricks will keep you young in mind.

9 Expensive Cleaning Supplies You Can Easily Make for Pennies
9 Expensive Cleaning Supplies You Can Easily Make for Pennies

Find out how you can replace these overpriced cleaning supplies for just a few cents.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

955 Active Deals

More Deals