STOP paying your mortgage off early & making extra repayments

Everyone talks about paying off their mortgage early like it’s the ultimate goal. But what if that “smart” move is actually holding you back? Let’s look at it differently. Say you’ve got a $520,000 loan at 5.1% over 30 years. If you put an extra $250 a month into it, you might save around $90k in interest and cut a few years off the loan. That’s solid. No doubt. But here’s the part most people don’t think about… What if that same $250 a month was the difference between owning one property… and owning two? Instead of putting it all into your home loan, that money could go towards holding an investment property , things like rates, insurance, maintenance while the rent covers most of the rest. Now zoom out 20–25 years. At a modest 3.5% growth, a $480k property could be worth $1M+. That’s a very different outcome compared to saving $90k in interest. This isn’t about being careless with debt. It’s about understanding how to use it. Your home will likely grow in value either way but how you structure things along the way can make a big difference to where you end up. And if you’ve already been putting extra into your loan, it’s not wasted. There are still ways to access that such as redraw, offset, refinancing and put it to better use. End of the day, it’s not just about moving faster. It’s about moving in the right direction. Your mortgage doesn’t just have to be something you get rid of. It can be something that works for you. If you want to see how this actually looks with your numbers, we can map it out properly. Not advice, just a different way to look at it. #property #realestate #wealth #money #moneytok