3 Reasons You Might Not Want To Pay Off Your Mortgage Early
It certainly seems like a smart idea to pay off your mortgage early. After all, it gets rid of a large monthly payment, it frees up cash flow, and it stops those pesky interest charges in their tracks. What could be better, right?
The truth is the situation''s a bit more nuanced than that -- at least if long-term wealth-building is your goal.
If that's the case, then it's important to think about more than just what you'd gain by paying off your mortgage -- but also what you stand to lose. Are you considering paying off your mortgage loan before it's due? Here are some reasons you might want to reassess.
Source Fool.com
