Pay off a mortgage or invest?
I have a 50k mortgage @ 5.68% on a coop bought for a total of 72k. After four years I think the coop’s now worth about 300k. If I pay off the mortgage isn’t that a significant return on my investment? I can use the coop as collateral if I need a loan before we retire and sell the place outright in about 8 to 12 yrs.