Can you pay off a mortgage early?
Many mortgages allow borrowers to repay part or all of a mortgage early. Every time you make a payment, it gets split between your principal and your interest. Mortgages also sometimes allow for refinancing or renegotiation of the amortization period, which could effectively reduce the time it would take to pay the entirety of the mortgage. If you wish to pay off your mortgage early, that depends heavily on your individual circumstances, and when the time comes, we will be here to help you every step of the way!