> have the mortgage paid off; it's one less bill to keep track of
Most people will get an increase in billing complexity when paying off their mortgage. I have paid off one and now have to pay insurance and real estate taxes separately (rather than them previously being escrowed amounts from the PITI payment). My tax bill cannot be easily auto-paid either, so I now have to pay more attention (insurance can be auto-paid).
Most people will get an increase in billing complexity when paying off their mortgage. I have paid off one and now have to pay insurance and real estate taxes separately (rather than them previously being escrowed amounts from the PITI payment). My tax bill cannot be easily auto-paid either, so I now have to pay more attention (insurance can be auto-paid).