Question

Is it a good idea to pay my home mortgage off early?

I have 4 years left on my mortgage and was wondering if I should pay off the balance earlier than the 4 years?

Is it a good idea to pay off my home mortgage early?

Answer 1

If you can pay off your home mortgage sooner you'll save a lot of money in interest charges.

So yes if you can pay off your home mortgage early by paying more towards the payments then it's recommended to do so to get that huge home mortgage debt off your back.