Why should you payoff your home early?
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A mortgage is likely the largest loan you will ever take out. Over the course of a 30-year mortgage, you'll be paying a significant sum in interest. By paying off your mortgage early, you'll be able to save on some of that interest. If you'd like to get an idea of how much interest you can save by paying off your loan early, take a look at an amortization calculator like this one.