Using retirement account money this way isn't a simple decision. Here's what you want to consider.

On one hand, you could aim to pay off your mortgage principal faster to save on interest and reach debt-free status sooner.

U.S. Census Bureau data showed that in 2024, about 40.3% of owner-occupied homes in the United States were owned outright, ...

I’m sure you’ve had plenty of clients tell you they want to pay off their mortgage. After all, being debt-free is a worthy goal, and it brings peace of mind, especially in times of economic chaos. But ...

Quick Summary A 6.5% mortgage is a meaningful drag on long-term wealth, but wiping it out can also limit flexibility. If you're facing similar decisions, getting a free independent review through ...

Paying off your home loan as quickly as possible feels intuitively right, but focusing solely on debt ignores other ...

Owing nothing would be grand, but there are big reasons to keep a mortgage going, rather than seeking to discharge it early.

(NerdWallet) – Trinity Owen and her husband bought their four-bed, three-bath home in East Concord, New York, in 2019, and they quickly began sending extra money toward their mortgage to pay it off ...

At first glance, paying off your mortgage before retirement seems like a no-brainer – after all, who wouldn’t want to enter retirement with no monthly housing payment? Yet ask three CPAs or financial ...