Totally agree with your thinking here. A few quick points I'd add:
- Historically, market returns often outpace the savings from paying down a low-interest mortgage early.
- Inflation actually works in your favor when you're locked into a low fixed rate—your payments effectively become cheaper over time.
- Plus, keeping your cash liquid gives you flexibility if an unexpected opportunity pops up.
I used to aggressively pay down my mortgage too, but shifted gears after running the numbers. Glad I did...
I used to be in the same boat—thought paying off my mortgage early was the smartest move. But after chatting with a financial advisor friend, I realized the math just didn't add up. Locked in a super low rate a few years back, and now I'm glad I didn't rush to pay it off. Having that extra cash handy actually helped me jump on a great investment property last year...something I couldn't have done if I'd sunk everything into the mortgage. Funny how perspectives change once you crunch the numbers.
You make a solid point—locking in a low rate can definitely shift the math. Still, I'd say it depends heavily on individual goals and risk tolerance. Some folks sleep better knowing they're debt-free, even if the numbers lean slightly against it. Glad your strategy worked out though...sounds like a smart move.
