20 Responses to "Paying Off Your Mortgage Early: Some Things to Consider" chris January 29, 2017 Great comments, I like the 30yr fixed and then try and pay it off 15yr espically on rental property.

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If you must take out a mortgage, pretend only 15-year mortgages exist. Many people hang on to their mortgage instead of paying it off early because they’re convinced they will get a tax advantage. If you’re keeping your mortgage in order to get a tax cut, that’s just dumb. Don’t fall for that myth; the math just doesn’t add up.

6 Things to Consider Before Paying Off a Mortgage Early.. Source: 6 Things to Consider Before Paying Off a Mortgage Early | The Smarter Investor | US News. Posted by mortgage masters group at. Mortgage Masters Group NMLS Branch ID#: 373290 phone 772-340-4003 email doug@mortgagemastersgroup.

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6 Mistakes I Made Paying Off My Mortgage Early. While we have been pretty happy about our paid off mortgage, not everyone feels the same way.Sure haters are going to hate, and everyone has their own opinion about whether paying off the mortgage is the right move or not.

There are many factors to consider before paying off your mortgage early. The stress of monthly payments may go away, but the money to pay off a mortgage has to come from somewhere. The financial flexibility of mortgages, in many cases, is better for homeowners than paying off their home early.

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10 crucial things to consider before taking a mortgage. There are several different factors such as term length, amount of down payment, and APR. While this can seem stressful, a little education and research can go a long way to making this process as smooth and simple as possible.

Paying off a mortgage early: Here’s my story. My mortgage payoff story began in October 2010 – during the housing crisis – when I purchased a one-bedroom condo in Atlanta for a little more than $100,000. But even before all of my boxes were unpacked, I set a goal to pay off my mortgage by my 30th birthday, which was less than five years.