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Tag: Before you pay off your mortgage

Pay off Mortgage Question

Posted on March 27, 2023

Q: Love your column and interesting answers. Now we have a question. My wife and I are both 88, happily married for 68 years with 11 grandchildren, 13 great-grandchildren and two great-great-grandchildren. We owe about $42,000 on our home mortgage at 7.75 percent interest. We can easily pay it off in full. Should we? There…

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Recent Posts

  • Reverse Mortgages – Are They Just Plain Wrong?
  • Retirement Income Planning and Home Equity
  • Home Equity Loan With a Reverse Mortgage – Your Home Pays You
  • Reverse Mortgage Definition
  • Reverse Mortgages: Information You Need to Know
  • Pay off Mortgage Question
  • Reverse Mortgage – Providing Peace of Mind Without Sacrificing Safety or Security
  • Reverse Mortgage Interest Rate
  • Reverse Mortgages – Learn The Facts First!
  • Reverse Mortgage Counselors – Michigan
  • A Reverse Mortgage Could Provide a Comfortable Retirement
  • Reverse Annuity Mortgage – Tapping Into Your Equity
  • The Reality Retirement Calculator – assessing needed income for retirement
  • AFR – Applicable Federal Rate
  • Advantages and Disadvantages Of A Reverse Mortgage
  • Met Life Predicts Surge in Reverse Mortgages
  • Use a HELOC to Step Into a Reverse Mortgage
  • Reverse Mortgage Payment Options – Are You Prepared to Self-Insure Life Expectancy?
  • Reverse Mortgages – A Tax Free Income For Senior Citizens

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