Financial expert Andrew Lokenauth shares smart ways a 65-year-old with $400K in savings can pay off a $104K mortgage in five ...

I've been debating whether to pay off my mortgage. I've refinanced at 2.375% and can get a certificate of deposit (CD) for a year at 4%. I was adding to my mortgage payment by about $1,000 a month to ...

Owning a home is a monumental goal, but it also means you're saddled with a monthly payment for the duration of your home loan. Tack on the loan interest payments—with rates still hovering just under ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Trying to decide how to handle a large mortgage, whether ...

Paying off your mortgage ahead of schedule can eliminate a significant financial burden from your life. Although it can be a challenge, getting rid of your home loan is a good way to get ahead ...

My wife and I are both retired. I am 77 and she is 74. We are both in good health and stay active with hiking and yoga. We have equities, bonds and cash worth $1.6 million. We get $4,500 a month from ...

People are often advised to try to eliminate debt ahead of retirement. The logic is that once you retire, you may be looking at a smaller income. So the fewer expenses you have, the easier it becomes ...