Offset financing allows accountholders to use extra income to pay down their mortgage sooner and reduce net interest payments over the life of the loan. But it’s the right instrument for only certain borrowers. For the right person or family, offset financing for a home mortgage might make sense. But who is this person or...

Most homeowners at some point aspire to own their homes outright. But the math typically does not support paying off a mortgage early. Doing so can deplete your investment account and eliminates mortgage interest deductions. Does that mean you should never pay off your mortgage early? Not necessarily. Whether to do so typically depends on...