Questions? Let's Talk: 877.762.4375

Pay Off Your Mortgage Early: When To, And When Not To

Pay Off Your Mortgage Early: When To, And When Not To

| Jul 13, 2015 | Housing Market

It seems like a no-brainer. “Why pay $20,000 in interest to get $6,600 back from the IRS?” Paying off your mortgage early, either in a lump sum, or through regular, extra payments can be a smart choice for many people. However, it’s not always the case. You need to consider how long you’ll be in the house, how close you are to retirement, and whether or not a hedge against inflation makes sense for you. CNBC just released a special report that looks at when it might make sense, and when it might not, including commentary from several CFPs.

Categories

"Story Time" Newsletters

  • Warmup with These Popular Colorado January Events

    Read More
  • December 2023 Guide To Holiday Light Shows, Santa Visits, Seasonal Food & Drink, Parades, And More!

    Read More
  • PIONEERING WOMEN OF BOULDER, CO

    Read More
  • Fantastic Fall Fun Events in Colorado

    Read More
  • CARNEGIE LIBRARIES: The Future Made Bright

    Read More
  • Celebrate Colorado Peaches and their History at these 3 Festivals!

    Read More
  • Colorado Wine – Rooted in History

    Read More
  • 13,000-year-old stone tool cache still on exhibit at CU-Boulder

    Read More
  • The Original Coloradans: Colorado’s Native American History

    Read More
  • 12 Cool & Unusual Things to Do this Summer in Colorado

    Read More

Get a Quote

Will be happy to respond