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

These 13 States Tax Social Security Income
These 13 States Tax Social Security Income

Uncle Sam is not the only one looking for a piece of your retirement income. Is your state on this list?

The Golden Rules of Becoming a Millionaire
The Golden Rules of Becoming a Millionaire

I’m a millionaire several times over. I got here the same way you can — by following these 10 simple steps.

13 High-Paying Jobs You Can Do From Home
13 High-Paying Jobs You Can Do From Home

Hoping to work from the comfort of your bedroom? These home-based careers bring in good pay.

View this page without ads

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

Get Started

Comments