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This Money Question Sparks Debate: When Is Paying Off A Mortgage The Wrong Choice?
Yahoo Finance· 2025-10-06 19:31
Every homeowner wants to pay off their mortgage, but some people want to pay it off ahead of schedule. Doing so frees you from one of the biggest financial obligations people will ever face, but there is an opportunity cost that comes with paying your mortgage early. The personal finance Reddit community debated when it makes sense to get rid of your mortgage and when it's better to only make the monthly payments that your lender requires. These were some of the key insights. Don't Miss: Assess Your Risk ...