I would suggest to put that extra money in an account where you can invest it. If you can squeeze out a 10% return on that money for the next 10 years then you go ahead and make a lump sum payment on your mortgage.
This way your money grows and accumulates interest and you will have more to pay off the mortgage than if you did extra payments every month.
That always sounds good. I don't where anyone is getting a "10% return" right now. It is best to look at the reality of one's life. There are people who are disciplined enough to invest and monitor their money, etc. However, there are many people who just don't have the time or inclination to do this and the best investment for them is prepaying and paying off their home.
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