Becoming mortgage free early won’t be feasible for everyone, with everyday living costs and unexpected outgoings to consider. However, while it may seem somewhat of a challenge, some have managed to pay off their mortgage earlier than they expected.
It’s something which some homeowners have discussed online, on Reddit.
A Reddit user asked: “Question: How does it feel to have paid off your mortgage and be mortgage free?”
The thread, which was posted a year ago and is now archived, went on to garner more than 150 comments.
Included in those commenting was someone who explained they and their partner had become mortgage free in their early 30s.
READ MORE: NatWest is offering a 3% interest rate savings account
“Some people think we’ve done life wrong to have our mortgage paid off in our low 30s, but I don’t,” they penned.
“We do have relatively well paid jobs for our area, but nothing too special.
“I think what did it was being in a position to buy a house in our early 20s, we’ve since moved somewhere bigger but not really paying rent for years (and also being happy to move in…