Should I Pay Off My Mortgage or Invest?
Compare the financial outcomes of extra mortgage payments vs. investing.
$
Investing Wins
By $165,612 over 20 years
Invest: Portfolio Value
$289,512
Mortgage: Equity + Saved
$123,900
The Bottom Line
Mathematically, investing usually wins when your mortgage rate is lower than your expected after-tax investment return. But there is real value in the peace of mind and reduced risk of a paid-off home. Many people do both.
Frequently Asked Questions
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