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No. of Recommendations: 8
It's a good thing.
And by paying a mortgage down you get rid of your mortgage quicker - bam - and on auto-pilot- you get it at a lower interest cost. Really! Pay it off earlier.

Putting more on principal, to reduce the mortgage, adding onto your mortgage payments is a no-brainer.

I was making 30% on my investments last year while paying 2.625% on my mortgage. I'm not too motivated to pay extra to the mortgage.

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