I have looked at a lot of homes in my career, but I can honestly say that the best home that I have ever seen is the home that was paid for. Bankers, Accountants, etc. will say that the mortgage interest deduction is great. But, if you have an opportunity to pay it off, do it. You can always move up in housing, but be cognizant of the debt. It’s amazing how life takes a better turn when your home is paid for. Then once it’s paid for, keep it that way. Do not spend the equity…ever! Just my opinion…anyone care to comment?