Ask Terry Questions Motgage payoff

Motgage payoff

By Terry Savage on March 18, 2026 | Housing / Real Estate

My current rate is 3.75 , i owe $118,000, should i take the money out of my IRA account which is approximately 600,000 to pay off the remaining balance of my mortgage ?

Terry Says

NO!!! That low rate is a gift! Just keep adding to your IRA account, as well as paying on your mortgage.

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