Skip to main content
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.

PSU
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.