"The emotional relief of owning your home can outweigh any financial advantage," says Chad Gammon, owner of Custom Fit Financial. "The peace of mind is priceless."
"Reducing interest payments over the course of the loan is one of the main benefits of paying off a mortgage early," says Steven Kibbel, a certified financial planner.
Another huge advantage of kicking your mortgage to the curb is "freeing up monthly cash to put toward other aspects of your life, such as saving or paying off other debt," says Odest Riley Jr.
Collection
[
|
...
]