Afford Anything · Tuesday, November 3, 2026
An anonymous couple in their late 30s to early 40s with a $520,000 mortgage at 6% interest are considering making extra monthly payments toward their principal. The hosts advise that accelerating mortgage payments is a strong de-risking strategy, effectively capturing a guaranteed return.
“My partner and I are in our late 30s, early 40s. We bought our first home in 2023 for $650,000, put down 20%, and have a $520,000 30-year fixed mortgage at 6%.”
“We're considering putting extra money toward the mortgage each month. At a 6% interest rate, I think of that as roughly a guaranteed 6% rate of return on that money.”