{"id":28,"date":"2026-09-12T17:00:00","date_gmt":"2026-09-12T17:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/thierryabelmortgage-com\/2026\/09\/12\/us-mortgage-payoff-strategy-matters-now\/"},"modified":"2026-09-12T17:00:00","modified_gmt":"2026-09-12T17:00:00","slug":"us-mortgage-payoff-strategy-matters-now","status":"publish","type":"post","link":"https:\/\/www.thierryabelmortgage.com\/blog\/2026\/09\/12\/us-mortgage-payoff-strategy-matters-now\/","title":{"rendered":"US Mortgage Payoff Strategy Matters Now"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/thierry-abel\/paying-mortgage-wrong-b9b4\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>In the US, ~1 in 4 mortgage borrowers made extra principal payments over the past 5 yr, showing how common it is to accelerate payoff.<br \/>\nExperts said paying extra may matter less on low-rate loans, especially when higher-rate debts like credit cards or personal loans are costing more.<br \/>\nFor the 1 in 5 borrowers with mortgage rates over ~6%, extra principal payments can make more financial sense than for homeowners below ~4%.<br \/>\nHomeowners considering faster payoff had three options: monthly extra principal, a lump-sum recast that lowers payments, or refinancing into a shorter term.<br \/>\nIn the current US market, refinancing looks less attractive with 30-yr fixed rates near 7%, so paying more monthly may be simpler.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the US, ~1 in 4 mortgage borrowers made extra principal payments over the past 5 yr, showing how common it is to accelerate payoff. Experts said paying extra may matter less on low-rate loans, especially when higher-rate debts like credit cards or personal loans are costing more. For the 1 in 5 borrowers with [&hellip;]<\/p>\n","protected":false},"author":415,"featured_media":70,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/posts\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/users\/415"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":0,"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/posts\/28\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/media\/70"}],"wp:attachment":[{"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/media?parent=28"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/categories?post=28"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thierryabelmortgage.com\/blog\/wp-json\/wp\/v2\/tags?post=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}