If you can afford to pay off your mortgage ahead of schedule, you’ll save some money on your loan’s interest. In fact, getting rid of your home loan just one or two years early could potentially save you hundreds or even thousands of dollars. But if you’re planning to take that approach, you’ll need to consider if there’s a prepayment penalty, among other possible issues. Here are 5 mistakes to avoid when paying off your mortgage early: https://smartasset.com/mortgage/mistakes-to-avoid-when-paying-off-your-mortgage-early
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