Source: Fox Business —
If you feel weighed down by your mortgage, you might be anxious to pay it off as soon as possible. So when you find yourself with a little extra money in your budget, you may consider putting it toward your mortgage.
Paying extra on your mortgage is always a good idea but it might not always be the best course of action. Sometimes, depending on your financial situation, you may be better off investing any extra money you have rather than sending it to your lender. You’ll want to take a close look at the numbers before making your decision.
Here’s what you need to know about paying off your mortgage early or investing.