Should You Pay Off Your Mortgage

Julie C. Nichols General – Rob Russell

One of the best feelings and positions in life is to be financially free. Financial freedom found from building sizable savings and being debt free can happen at any age with the proper planning.

One of the biggest questions you’ll face on your path to financial freedom is whether or not you should pay off your home mortgage. There is no black and white answer for everyone as the answer depends on a variety of variables, as with most financially related questions.

Below is a handy decision guide to help you discover whether or not you should pay off your mortgage.

5 questions to help guide you on whether or not to payoff your mortgage:

1) Do You Have Other Debt Besides Your Home?

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