Deciding what to do with extra cash once the bills are paid and savings are growing is a high‑class problem, but it is still ...

With rising interest rates and long-term debt weighing heavily on homeowners, Ramsey’s advice is more relevant than ever in the coming new year. Whether you’re just starting your homeownership journey ...

Discover the benefits and drawbacks of using your 401(k) to pay off your mortgage, including tax implications, retirement savings impact, and interest savings.

Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer. But what if you could eliminate that financial ball and chain by paying off your mortgage early?

Owning a home is a monumental goal, but it also means you're saddled with a monthly payment for the duration of your home loan. Tack on the loan interest payments—with rates still hovering just under ...

After cutting its benchmark interest rate by a quarter point in September, the Federal Reserve is widely expected to implement two more cuts by year’s end, according to CNBC. [1] While this signals ...

Paying off your mortgage is a great achievement, and it also frees you from the largest monthly expenses you will ever have to face. One couple in their 50s has an opportunity to make additional ...

As a former financial advisor and mortgage broker, I taught clients to pay extra on their mortgages to achieve debt freedom faster. It seemed like common sense—why pay all that interest to the bank ...

Paying off your mortgage ahead of schedule can eliminate a significant financial burden from your life. Although it can be a challenge, getting rid of your home loan is a good way to get ahead ...

Trying to decide how to handle a large mortgage, whether through a balance or high interest rate, is something far too many people are trying to decide right now. As a home is generally someone’s ...

Discover the benefits and risks of using a home equity loan to pay off your mortgage. Explore strategies to lower payments and manage potential pitfalls.

Paying off a personal loan early is possible — and often a smart financial move. When you pay off a personal loan early, you save money on interest and lighten your monthly budget ahead of schedule.