[Ainzlee]

You know, these things concern us a lot.

[Michael]

That’s just a new name for an old gimmick. It’s not magic, but it could leave you in worse shape if it goes south. If you want to kill off your mortgage, make extra principal payments.

HELOCs have higher rates and are subject to calls.

Two big negatives on your home.

[Burt]

My opinion is that if you have any other debt then don’t even think about it. Get rid of ALL debt and then you can think about the mortgage. ALL.

[Elizabeth]

as this has come up frequently. Totally agree that it’s overly complicated and gimmicky. If you want to pay off the mortgage faster, there are easier ways.

[Author]

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