Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho November 21, 2023

Understanding Why You Don’t Need to Pay Off Your Mortgage Early

In the world of personal finance and homeownership, there's a common debate: should you pay off your mortgage early, or is it better to take a more relaxed approach to your home loan? While the idea of being mortgage-free is undoubtedly appealing, there are compelling reasons why you might not need to rush to pay off your mortgage ahead of schedule. Tax Benefits: Mortgage interest payments are tax deductions that can help reduce your taxable income, potentially lowering your overall tax bill. … [Read more...]

Filed Under: Home Mortgage Tagged With: Mortgage Payoff , Mortgage , Retirement

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