Is better to pay off Mortgage or have some left on it to keep it open?
Is better to pay off Mortgage or have some left on it to keep it open? So basically I could pay off my mortgage but wouldn't have really anything left over for emergency. The other option is to pay it down and have say 80k for savings (just random number). Is better to have it open just so you can use it for car loans or other things?. The third option would be to pay most down and leave like $200k and use it as a ...