Pros and Cons of Paying Off The Mortgage Early

pros and cons of paying off the mortgage early

The following post comes from Will who writes at Growing the Green. We share similar views on personal finance as a whole, especially when it comes to decisions about debt. I invited him to post after reading some of his views on paying off the mortgage and how different factors play into making a decision on whether to pay down mortgage debt or to pursue other investments. Enjoy!

Pros and Cons of Paying Off the Mortgage Early

A continuing discussion in personal finance is whether or not to pay off your mortgage early. Let’s take a look at some of the big discussion points and offer some insight.

Why you should pay it off early

1) Improved Cash flow

Paying off the mortgage puts you in a very powerful position. It frees up cash to make other investments that build wealth while also allowing you to live on less money . . . → Read More: Pros and Cons of Paying Off The Mortgage Early