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 ...

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

Making more aggressive progress toward paying off your mortgage allows you to build equity in your home and gives you financial options. Some or all of the mortgage lenders featured on our site are ...

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 ...

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.

After years of a strong labor market and steady wage growth, economic uncertainty is creeping in. Layoffs are sweeping through diverse sectors–ranging from tech to the federal workforce–leaving many ...

Practically every homeowner fantasizes about the day their house is finally paid off, and they can kiss those mortgage payments goodbye. However, a whopping 56.2% of Americans have an outstanding ...

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 ...

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 ...

At some point, many families reach a quiet but powerful milestone. The bills are paid. The emergency fund exists. There’s a ...

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 ...