It’s long been the American dream to own a home.
That white picket fence surrounding our family represents security.
But somewhere along the way, the dream got lost.
Now that white picket fence represents exorbitant mortgage payments.
The new American dream is to not only own a home but to pay it off early.
There are many reasons to pay off a mortgage ahead of time.
The cost savings alone would be incentive enough for most people.
If you have a $200,000 mortgage, the early payoff can lead up over $50,000 in savings.