My compelling arguments to pay off our mortgage early I we could ($278K mortgage balance 27 year left). Not that I don't agree with you guys. I do.
1.) I would save over $200K in interest payment
2.) Saved extra $1600 a month towards adding to our ROTH contributions, EF, and adding more 529 contributions for our two children.
3.) Take longer vacation each time than our normal 2-3 weeks.
4.) Loss in job - We would worry less (knock on woods).
5.) Set early retirement date.
6.) Ease of mind and live a less stressful life.
No MMA return would compel me NOT to pay off our mortgage. In the meantime, we just have to plug away everyday. Maybe in 15 years we could.
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