On one hand, you could aim to pay off your mortgage principal faster to save on interest and reach debt-free status sooner.

If you own a home, you’re probably used to watching a big chunk of your paycheck disappear every month due to mortgage payments. But what if adding just a little more could save you tens of thousands ...

For many homeowners, the idea of living debt-free is irresistible. Imagine wiping out your largest monthly bill and freeing up thousands of dollars in cash flow. That’s the choice facing one couple.

That monthly mortgage payment can feel like a permanent resident in your life, a houseguest who overstayed their welcome by ...

Can you pay off your mortgage early? The short answer is yes — you can pay off your mortgage early. This is referred to as prepaying a mortgage. Most mortgages don’t come with a prepayment penalty, so ...

Using extra cash to pay off your mortgage loan early can save homeowners a hefty amount of interest over time. However, putting available funds into investments instead might yield a more significant ...

Paying off your home loan as quickly as possible feels intuitively right, but focusing solely on debt ignores other ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

While our priority was lowering our interest rate, we also wanted to avoid high closing costs. Here's how we refinanced.

At first glance, paying off your mortgage before retirement seems like a no-brainer – after all, who wouldn’t want to enter retirement with no monthly housing payment? Yet ask three CPAs or financial ...