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Economical

Money

Refinancing

Rent

Pros and Cons of Paying Off Your Mortgage Early

Prairie Eco-Thrifter

SEPTEMBER 3, 2012

Saves Interest The biggest reason for paying your mortgage out early is the money you will save in interest; this could be a five or six figure sum. Frees Up Money One of the main reasons people want to pay out their mortgage is to free up the money that is making the monthly repayments. Will interest rates go up again?

Refinancing

203

Refinancing Taxes Real Estate Money

203

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