What was the biggest motivator for paying off your mortgage early?

I’m interested in hearing from those that paid off their mortgage early. What motivated you? What do you see as the pros and cons?

I’ve been watching a lot of Dave Ramsey and he’s obviously an advocate for paying off your mortgage. I never really got it - the numbers person in me didn’t understand how it was better to pay off a low interest loan when comparing the opportunity cost of historical market returns and inflation - but he said the safety cushion of having a 100% paid for home allows you to take on riskier investments that allows you to build wealth. I’m wondering if those that have paid off their home early found this to be true?

doesn't actually suprise me

The biggest motivation for paying off a mortgage is a sense of debt. I had a dream of buying real estate. I had a good job and would eventually be able to afford a house. But I wanted to do it faster. Also, I wasn't comfortable living in a rental apartment. But when I purchased a mortgage, I couldn't sleep easy. The monthly payments were like tying me to a chain. It's horrible. I admit that I rushed into it and took out a mortgage on unfavorable terms. A consultation with a mortgage broker helped me figure it out. You can learn more at Equity Release London. After that, I closed the mortgage early.