3190: Why You Shouldn't Pay Off Your Mortgage Early by Jen Hayes on Flexible Financial Freedom
Jun 25, 2025•11 min•Ep. 3190
Episode description
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Episode 3190:
Jen Hayes challenges the conventional wisdom of rushing to pay off your mortgage, emphasizing that financial decisions should align with individual circumstances. By comparing real-life examples and outlining when early repayment may not be ideal, she encourages a more flexible and personalized approach to financial freedom.
Read along with the original article(s) here: https://www.jenhayes.me/why-you-shouldnt-pay-off-your-mortgage-early/
Quotes to ponder:
"Paying $54,000 is a much better deal than paying $100,000 (plus interest)!"
"Is it worth it to pay off your $200,000 mortgage in five years if you’re behind on retirement saving and you’re tired of being frugal?"
"You could, for example, pay off your mortgage over 10 or 12 years instead of 5 or 15."
Episode references:
The Baby Steps (Dave Ramsey): https://www.ramseysolutions.com/dave-ramsey-7-baby-steps
Risk Parity Radio: https://www.riskparityradio.com
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