If you’re looking into fixed term mortgages, you might be wondering whether there’s any reason why you should take the full term to pay off the loan. In a lot of cases, paying off a mortgage before it comes due is a great decision. If you’re considering paying off your mortgage early, you’ll experience a variety of benefits â here are just a few of them.
Which suits you best? The 15-year fixed rate mortgage or the 30-year one? These tips may help you decide.