🏠 📈 When does it make financial sense to pay off a mortgage early vs. investing?
🏠 📈 When does it make financial sense to pay off a mortgage early vs. investing?
If one has the possibility to pay off the remainder of their mortgage when does it make sense to do that ?
I'd like to consider also that future mortgage payments would go into the market as well.
It might be that financially it always makes sense to "stay in the market" but if the delta is small enough, I might consider it worthwhile for the "emotional toil" having debt costs.
If one has the possibility to pay off the remainder of their mortgage when does it make sense to do that ?
I'd like to consider also that future mortgage payments would go into the market as well.
It might be that financially it always makes sense to "stay in the market" but if the delta is small enough, I might consider it worthwhile for the "emotional toil" having debt costs.
1 Answer
Timeless middle class problem. We've got a few takes on it:
- https://finfam.app/mahmoud/views/refi-vs-invest
- https://finfam.app/mahmoud/views/should-i-pay-down-my-mortgage-or-investsave-a-lump-sum
- https://finfam.app/heyfinfam/views/mortgage-payoff-vs-market-investment
Of course every situation is different, so you can feel free to check the source and/or remix those.
For a less opinionated, more textbook take, I like https://trgmc.net/
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