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Are There Any Disadvantages Associated with Paying off a Mortgage Early?

April 26, 2017associated disadvantages early mortgage paying

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Are There Any Disadvantages Associated with Paying off a Mortgage Early?

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When deciding whether to pay off a mortgage early, a homeowner needs to consider his or her feelings about debt, the potential to earn a higher rate of return if the money were deployed elsewhere, tax savings associated with mortgage interest, future plans, and overall debt load.