If you make adown paymentof 20% or more when buying a home, you don’t need to pay for PMI. That’s assuming you take a conventional mortgage rather than an FHA or VA loan — more on that shortly. When you take out a mortgage loan, the lender offers you a loan up to a certain...
Even though I thought long and hard about what to put on the list, paying off your home didn't get a dedicated bullet point, just an add-on. Paying off your home may not provide the joy you expect. And if it does provide you joy, it will only be temporary. For those who are in...