Top 2 Reasons to Pay off Your Mortgage Early

Top 2 Reasons to Pay off Your Mortgage Early Avatar Posted by stacieawalker under Taxes
From http://www.womaninleadership.com 1011 days ago
Made Hot by: robinandy58 on August 29, 2013 4:39 pm
If you have a mortgage and a home on your name that is partly yours and have the financial possibility of paying off your mortgage easily, so when should you pay off your mortgage and how would you do this? Find out more in today's post.



Comments


Written by greatcontent
1006 days ago

If someone has the ability to pay off a mortgage without hurting future living expenses, and they don't have a lot of tax liability, then yes I would pay off my mortgage.

For every dollar in interest you pay you only get 30 - 40% back on taxes. That means you pay 60 - 70% in interest expense.



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