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Reply to "S/o unpaid mortgage: pay off house faster?"
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[quote=Anonymous][quote=Anonymous]Low mortgage rate means that paying the mortgage will never be an issue for you. [/quote] How can you possibly know that? What if they lose their jobs? I'm not necessarily advocating paying off the mortgage early, I think you could make a good argument to do it (safety) and a good argument not to do it (probability of earning more by investing the money), but no one can ever say that there will not be a point that the mortgage payment is an issue. I am assuming that is why you are even considering paying it off: for the security of knowing that if your finances go downhill you can probably keep the roof over your head.[/quote]
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