Many Americans find themselves at a similar crossroads later in life—they're a few years away from retirement … but they're also a few years (or more) away from fully paying off their mortgage. You ...

There’s a solid mathematical argument in favor of paying down your mortgage. Your own financial goals, both long-term and short-term, should be considered as well. There are also intangible factors, ...

People are often advised to try to eliminate debt ahead of retirement. The logic is that once you retire, you may be looking at a smaller income. So the fewer expenses you have, the easier it becomes ...

Owning a home is a monumental goal, but it also means you're saddled with a monthly payment for the duration of your home loan. Tack on the loan interest payments—with rates still hovering just under ...

This Redditor is in a difficult position trying to decide whether to pay off a loan or make a significant market investment. The good news is that both paths forward have some significant advantages, ...

Making a job switch during the mortgage application process can jeopardize your loan approval. Focusing solely on interest rates while ignoring closing costs can result in higher total expenses.

(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 ...

Some homeowners use a home equity line of credit (HELOC) to pay off their mortgage in hopes of lowering their interest rate or monthly payments. It’s a strategy that can work, but it’s not without ...