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re: Using a HELOC to pay off mortgage sooner

Posted on 3/10/22 at 12:05 pm to
Posted by BottomlandBrew
Member since Aug 2010
27163 posts
Posted on 3/10/22 at 12:05 pm to
quote:

I pay roughly an extra $500 per month on my mortage payment and should have it paid off in ten years at my current rate. Interest is 2.5% on a 15 year.




It's your call, but why would you pay off early with a 2.5% rate? You will never get something that good again.
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