Property prices are extremely high in Australia, but it is still possible to pay off your mortgage early. The most straightforward way to pay off your mortgage early is by making extra repayments. Even if you can only afford to make a small payment every month, it will add up over time. However, it is important to note that paying off your mortgage early may not be the best financial decision for everyone. If you have other debts with higher interest rates, it may be more beneficial to focus on paying those off first. You should also consider your financial goals and how paying off your mortgage early will affect them.
