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should you pay off a mortgage early or invest instead the answer is a bit complex letamp;#39;s say your mortgage rate is 3% if you make any extra payments towards your mortgage then youamp;#39;re basically earning 3% on your money in this situation now historically the Samp;amp;P 500amp;#39;s average annualized return since 1957 is around 10.26% but letamp;#39;s use 8% to be conservative since youamp;#39;re getting a higher return on your money if invested into the market I.E 8% is greater than 3% it would make Financial sense to invest inste of paying off your mortgage early when your mortgage rate is 6% or close to 7% like weamp;#39;ve been seeing these days the decision becomes a lot closer some people like paying off the mortgage early not due to financial benefits but more for intangible benefits like Peace of Mind A good rule of thumb is that the lower your interest rate is the more enticing it is to invest check out the longer video where I dive deeper right here