Ask Terry Questions Mortgage payment

Mortgage payment

By Terry Savage on April 07, 2022 | Housing / Real Estate

I am 84 yo.
I have a 55,000 mortgage at 2.70 interest rate.
I have $300,000 in savings….
Should I try to pay it off or continue paying my monthly mortgage?
Thank you.

Terry Says

That low mortgage rate is a gift! And you may need your savings. Keep paying the mortgage!!

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