No. of Recommendations: 3
I'm quite surprised that everyone suggests more current flexibility.
This is the clue that your thinking is [probably] wrong.

If you pay off the loan sooner, then doesn't that also give you more flexibility, but later down the line? The long term is great, but you first must survive the short-term. If you die in the short-term then you never get to reap the benefits of the long term.

W/R/T 3% vs. 4% rate --- you are focussing on minutia. You are also focussing on the near-term (next 2-3 years) differences when the appropriate length to focus on is 25-30 years.
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