<prompt> Human: Hubby and I dont agree on this. We own a home we bought at 180k with a 20k downpayment. Fortunately we bought at the bottom of he market and the house is conservatively worth about 240,000 today. We have a 30 year fixed mortgage at 4 interest.When we purchased the house we were making about 65,000year. Four years later, we both have different jobs. We now make 150,000 a year. We have one child and one on the way. Great schools, low taxes. Plan to stay in this house.We have no student loans and our cars are paid off. We have been maxing out retirement since we were 22 now both 30 and have a very substantial nest egg. Most of it is invested. We are a coupon clipping super-frugal family--when we spend money its on nice vacations and experiences that last a lifetime. I really want to chip away at our mortgage and own our home outright. Hubby likes Dave Ramesey it seems a lot of people follow him here, but STRONGLY disagrees that paying off your mortgage is a good idea. His biggest reservation is that money thrown at our house is far better used in investments in the long haul. Especially if our careers trend upward and one day we do decided to buy a bigger place down he line. Not in the cards to move now, but could happen.Interested to hear what others feel about this, epically those with smaller sized mortgages and salaries that have increased in the last 5 years.Thanks!  <response>: Wife and I are literally about to close on a house on Thursday with cash. We had the same debate. There are good reasons for and against purchasing your home.For us it came down to one simple question. If you owned your home, would you take the money out of it to invest it?For us the answer was no, which is why we are buying the house outright. Not everyone would make the same decision. In this scenario, I dont think there is a universal right answer - just a right answer for you : 