We’ve got a fairly large mortgage still, however in the fortunate position that if we sold we’d have enough money to clear the debt and have enough money to buy another home cash, albeit smaller and not in the same area.
DH is constantly hinting how good it would be to be mortgage free etc How we don’t need this size of home, admittedly it’s too big for us. However I
love it, we built it and I’m emotionally tied to it. I’m younger than DH, the higher earner and happy to dig in to earn more money to give us a nice lifestyle and I like my job. DH hates his job, and is fishing for
a redundancy. Which would allow him to take a role that he was passionate about and not driven by $ - he’d feel the pressure was off if we didn’t have a mortgage to service. It’s doubled in value in 8/9 years so I want to hang onto it whilst we can comfortably service the loan.
Is being debt free as good as DH thinks?