Title: Pay Off Your Mortgage Early Vs. Investing: Which Is Best? – Forbes Advisor
Headings: Pay Off Your Mortgage Early Vs. Investing: Which Is Best?
Pay Off Your Mortgage Early Vs. Investing: Which Is Best?
Pay Mortgage Early or Invest: What Does the Math Say?
Reasons to Pay Your Mortgage Early vs. Invest
Benefits of Paying Off Your Mortgage Early
Drawbacks of Paying Off Your Mortgage Early
Benefits of Investing Your Extra Cash
Drawbacks of Investing Your Extra Cash
Best of Both Worlds: Refinance and Invest

Content: Benefits of Paying Off Your Mortgage Early
Interest savings: This is one of the biggest benefits of paying your loan off early. You could save thousands or tens of thousands of dollars in interest payments. When you pay your mortgage early, those interest savings are a guaranteed return on your investment. Peace of mind: If you don’t like the idea of constant debt, paying your mortgage early could ease your burden. If you experience a financial emergency, having a home that’s already paid off means you don’t have to worry about missing mortgage payments and potentially losing the home to foreclosure. You still will be responsible for property taxes as long as you own the home, but that’s a much smaller financial responsibility. Build equity: Paying down your mortgage faster means building equity in your home more quickly.