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Reply to "Mortgage Fatigue- How Long Did it Take You To Pay Off Your Mortgage."
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[quote=Anonymous]We paid ours off. We moved from a booming market and made quite a bit on our previous home. Initially we were going to build a big addition, but decided we did not want to do that and paid our house off instead. Our financial planner encouraged us to do that and to invest according to a plan the money we had been using to pay the mortgage. You will still have significant expenses relating your home - quite a bit of your mortgage is taxes and insurance. In our case, things worked out well in terms of taxes. Look into it carefully - but it can be the right thing to do.[/quote]
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