Don't cash out your retirement to pay off your mortgage early. Here's why. 👇🏼 If you take money out before age 59 1/2, you usually pay a 10% penalty plus taxes. A chunk is gone before it ever reaches the mortgage, and that money would've grown for decades. Instead, keep paying your mortgage like normal. When extra cash shows up (a bonus, overtime, a tax refund), throw it at the loan. You still get a paid-off house without gutting your retirement. Normal is broke. Be weird. Weird people pay off

How Long to Pay Off a 30-Year Mortgage with Extra Payments

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Unlock What You've Built | Home Equity Loan From Scotiabank

Can You Buy a $1,400,000 Home Making $400,000 Per Year? # #homebuying #mortgage #realestate

Mortgage Rates Have Climbed Every Month Since March. Here’s What’s Driving It