A year ago this month, my husband and I became mortgage-free.

We took out our last mortgage in September 2016, refinancing a 30-year loan into a 15-year term. We paid it off in seven years.

Shredding the debt has been exhilarating. The first of the month no longer elicits deep sighs when the loan payment automatically flies out of our household checking account.

Source link: https://www.washingtonpost.com/business/2024/05/24/mortgage-payoff-financial-freedom/