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Reply to "A nice problem to have "
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[quote=Anonymous]First, paying off the mortgage is financially the wrong move. BUT, the psychological benefit can exceed the financial, so it may not be the wrong life move. 100% agree that if you do this you then set up an automatic payment into savings and investment equal to your old mortgage payment. Second, it does have to be pay it off or not. You can split the money and pay half off. [/quote]
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