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by _zoltan_ 326 days ago
You can pay off your mortgage if you want to. I know several people who did or set it up like that.

However then your interest rate is not 1%. The best I've seen is 30 year fixed, where you pay off your house is 2.5%.

I'm paying 0.65% right now, thanks to SARON going to 0.

It just does not make financial sense to pay it off even if could.