Should You Pay Off Your Mortgage Early? Pros and Cons Explained, 2023. Lara Joanna Jarvis.

In this video, I discuss the pros and cons of paying off your mortgage early and some of my opinions around this important financial decision. As a homeowner in the UK, you may be wondering if it's the right move for you, especially where mortgage interest rates are rising so quickly...

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We'll explore the financial benefits of paying off mortgage early, potential drawbacks, and important factors to consider to help make an informed decision about your mortgage strategy. Let me know if you'd like a further video around paying off mortgage early strategies, how to be mortgage free etc.

In this video we're going to discuss:
The financial benefits and potential drawbacks of paying off your mortgage early.
How paying off your mortgage early can provide financial freedom and peace of mind.
Understanding the potential interest savings and increased equity that come with early mortgage repayment.
Exploring the opportunity cost and lost tax advantages associated with paying off your mortgage early.
To consider future interest rate considerations and the impact on your overall mortgage strategy.

As always - you need to do your own financial research to see if paying off your mortgage early is the best thing for your personal financial situation, so make sure you instruct a financial expert or mortgage advisor for impartial advice. I am not a financial advisor nor a mortgage advisor :)

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The information discussed on this channel is for educational & entertainment purposes only. It should not be considered advice. Please do your own research and I encourage you to seek professional tax, legal, and financial advice, before making your own actions and decisions.

All notes believed to be accurate at the time of posting but not guaranteed.

Видео Should You Pay Off Your Mortgage Early? Pros and Cons Explained, 2023. Lara Joanna Jarvis. канала Lara Joanna Jarvis