That's good math but I bought this house very cheaply and since the 2.62 percent is on a balance of 28k I don't mind paying it.
Sure. But it's not necessarily the best for everyone.
If a man has the capability to make early payoff the savings may be the cost of a truck or even allow for another mortgage on a vacation home or the like.
Having more cash on hand for savings could pave the way for a early retirement in some cases.
A lot of peace of mind comes with just being debt free and that can be priceless.
