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That's a nice place to be in. If I were in your shoes, this is what I'd do:

1. Stay with your current mortgage just the way it is. The dark side of refinancing is the closing costs, which could easily be $10,000 - $15,000. I did some research on this and wrote a piece about it. You can read it here:

2. Fully fund a 3 to 6 month emergency fund. Put this money in a liquid place so that you can get to it if you need to.

3. Pay off all other debt besides your house and max out your investments. Then, if you still want to do it, pay off your mortgage.

That's what I would do.


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