On one hand, you could aim to pay off your mortgage principal faster to save on interest and reach debt-free status sooner.
Using extra cash to pay off your mortgage loan early can save homeowners a hefty amount of interest over time. However, putting available funds into investments instead might yield a more significant ...
Whether you should pay off a mortgage early or invest more depends on what you’d hope to gain by choosing one over the other. It could be that you simply want to choose the option that leaves you ...