Rushing to pay off your mortgage can quietly drain the retirement accounts you'll need most. Here's why timing and balance matter more than speed.
On one hand, you could aim to pay off your mortgage principal faster to save on interest and reach debt-free status sooner.
If you can recall a time when the resounding answer to the question “should I pay off my child’s student loan?” was met with ...
That monthly mortgage payment can feel like a permanent resident in your life, a houseguest who overstayed their welcome by about 30 years. It shows up every month, eats a huge chunk of your budget, ...
Here’s what to consider.
Americans carry a collective $1.83 trillion in student loan debt in 2026, with the vast majority of that in federal student ...
With the average personal loan debt near $11,000, it’s clearly not always easy to pay off a personal loan fast. However, paying a loan off early could save you hundreds or even thousands of dollars in ...
Some homeowners use a home equity line of credit (HELOC) to pay off their mortgage in hopes of lowering their interest rate or monthly payments. It’s a strategy that can work, but it’s not without ...
When you have some extra cash, it can be tempting to knock out debt — especially if it would put an end to a large monthly obligation, like a car payment. But is it the right move? See Next: I Asked a ...
Paying off your car early can potentially save money on interest and reduces your debt, but it could strain your budget or result in other drawbacks Written By Written by Staff Loans Writer, Buy Side ...
Taking on still more debt in pursuit of a goal can sometimes make sense. Here’s when.
Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Many, or all, of the products featured on this page are from our advertising partners who compensate ...