Does it make sense to pay off my mortgage early?

Here’s my situation: • I’m married with one child. • I currently owe $152,000 on a 30-year mortgage I started in September 2023 with an interest rate of 6.88%. • My monthly payment is about $1,300, and I’ve already paid an extra $15,000 toward principal in the first 2 years. • I make about $980/week from my full-time job • Wife makes around $750/ week •I max out my Roth IRA at $7,000/year

Posted Jun 15, 2025, 3:08 AM UTC

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