Should I pay off my home ASAP on 6.25%/30yr as small biz owner?
I’m small business owner with no w2. Only loan I was able to qualify for my primary home was “business statement loan” with 6.25% interest rate. I purchased house 4 months ago and I put down 20% down on 149k house and my mortgage is $889/month, but I have been paying extra $3000 on principles, total of $3889 per month and I have 100k left on loan. Should I keep pay 4 times more on my minimum? So Loan will be paid off in 2 years or so???