{"id":9552,"date":"2026-09-28T21:00:54","date_gmt":"2026-09-28T19:00:54","guid":{"rendered":"https:\/\/www.invantapps.com\/?p=9552"},"modified":"2026-09-29T09:01:27","modified_gmt":"2026-09-29T07:01:27","slug":"amortizar-hipoteca","status":"publish","type":"post","link":"https:\/\/www.invantapps.com\/en\/academia\/amortizar-hipoteca\/","title":{"rendered":"Pay off the mortgage in 2026?"},"content":{"rendered":"<div class=\"invant-post-content\" style=\"line-height: 1.7; color: #2d3748; font-size: 17px;\">\n\n<p style=\"font-size: 19px; font-weight: 600; color: #1e293b; margin-bottom: 24px;\">Buying a home and signing a mortgage for 25 or 30 years is part of the traditional life plan of the vast majority of families in Spain. As soon as we manage to accumulate extraordinary savings\u2014whether from an extra pay check, an inheritance, or the accumulated monthly surplus\u2014the recurring question arises: Should we advance on part of the loan or put that money to work in alternative investments?<\/p>\n\n<p>The conventional response from banking institutions and popular financial culture is usually forceful: pay it off as soon as possible to free yourself from debt. However, a mathematical, strategic, and financial analysis in the current economic context demonstrates why, in many cases, paying off a mortgage is a suboptimal decision that makes you lose money and liquidity.<\/p>\n\n<!-- V\u00eddeo de YouTube Incrustado (Responsive 16:9, sin Error 153) -->\n<div style=\"margin: 30px 0; padding: 20px 22px; background: #f0fdf4; border-left: 5px solid #16a34a; border-radius: 8px;\">\n  <strong style=\"color: #166534; font-size: 16px; display: block; margin-bottom: 6px;\">\n    Would you prefer to see the explanation in video?\n  <\/strong>\n  <p style=\"margin: 0 0 16px 0; color: #15803d; font-size: 15px;\">\n    I'll explain it step by step with practical examples on the screen:\n  <\/p>\n\n  <!-- Contenedor Responsive 16:9 -->\n  <div style=\"position: relative; width: 100%; aspect-ratio: 16 \/ 9; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 14px rgba(0,0,0,0.1);\">\n    <iframe src=\"https:\/\/www.youtube.com\/embed\/RZ4YAA5vtTM\"\n      title=\"Should you amortize your mortgage or invest in 2026? The answer your bank doesn&#039;t want you to know\"\n      style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%; border: 0;\"\n      referrerpolicy=\"strict-origin-when-cross-origin\"\n      allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\"\n      allowfullscreen loading=\"lazy\">\n    <\/iframe>\n  <\/div>\n\n  <!-- Enlace de respaldo -->\n  <p style=\"margin: 12px 0 0 0; font-size: 13px; color: #15803d; text-align: right;\">\n    Does it not reproduce? <a href=\"https:\/\/youtu.be\/RZ4YAA5vtTM\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"color: #047857; font-weight: bold; text-decoration: underline;\">Open directly on YouTube \u2192<\/a>\n  <\/p>\n<\/div>\n\n<h2>1 \u2013 The emotional part: why almost everyone wants to amortize<\/h2>\n\n<p>Before diving into the math, it is essential to acknowledge the psychological component of debt. For many people, living with a long-term debt creates constant stress:<\/p>\n\n<div style=\"display: grid; grid-template-columns: repeat(auto-fit, minmax(280px, 1fr)); gap: 16px; margin: 24px 0;\">\n  <div style=\"padding: 20px; background: #f8fafc; border-left: 4px solid #10b981; border-radius: 8px;\">\n    <h3 style=\"margin: 0 0 8px 0; font-size: 17px; color: #065f46;\">Mental peace and certainty<\/h3>\n    <p style=\"margin: 0; color: #047857; font-size: 15px;\">Feeling that the home is 100% your property and not having a monthly obligation to the bank gives an undeniable psychological peace of mind.<\/p>\n  <\/div>\n  <div style=\"padding: 20px; background: #f8fafc; border-left: 4px solid #10b981; border-radius: 8px;\">\n    <h3 style=\"margin: 0 0 8px 0; font-size: 17px; color: #065f46;\">Direct savings in interest<\/h3>\n    <p style=\"margin: 0; color: #047857; font-size: 15px;\">The money repaid stops earning bank interest immediately during the remaining years of the loan.<\/p>\n  <\/div>\n<\/div>\n\n<p>These arguments are legitimate on an emotional level, but patrimonial decisions require measuring the real cost that lies behind that tranquility.<\/p>\n\n<h2>2 \u2013 The 3 key reasons why I am not paying off my mortgage<\/h2>\n\n<p>Keeping a structured mortgage debt in a smart way can be one of the best financial tools at your disposal for three decisive reasons:<\/p>\n\n<!-- Raz\u00f3n 1: Coste de oportunidad -->\n<div style=\"margin: 24px 0; padding: 22px 24px; background: #eff6ff; border-left: 5px solid #0284c7; border-radius: 8px;\">\n  <h3 style=\"margin: 0 0 10px 0; font-size: 18px; color: #0369a1;\">Reason 1: The opportunity cost (the cheapest money you have in your life)<\/h3>\n  <p style=\"margin: 0 0 14px 0; color: #1e3a8a;\">\n    A mortgage on a regular home is the loan with the lowest interest rate you will ever access (usually between 2% and 3.5%). Amortizing at 3% saves you that percentage, but investing that capital in assets with net yields of 8% to 12% generates a considerable net positive differential in your favor.\n  <\/p>\n<\/div>\n\n<!-- Tabla comparativa amortizar vs invertir -->\n<div style=\"overflow-x: auto; margin: 25px 0;\">\n  <table style=\"width: 100%; border-collapse: collapse; text-align: left; font-size: 15px; border: 1px solid #e2e8f0; border-radius: 8px; overflow: hidden;\">\n    <thead>\n      <tr style=\"background: #0f172a; color: #ffffff;\">\n        <th style=\"padding: 14px 16px; border: 1px solid #1e293b;\">Strategy with \u20ac10,000<\/th>\n        <th style=\"padding: 14px 16px; border: 1px solid #1e293b;\">Gross Performance<\/th>\n        <th style=\"padding: 14px 16px; border: 1px solid #1e293b;\">Estimated Net Performance<\/th>\n        <th style=\"padding: 14px 16px; border: 1px solid #1e293b; background: #1e3a5f;\">Annual differential<\/th>\n      <\/tr>\n    <\/thead>\n    <tbody>\n      <tr style=\"background: #ffffff;\">\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; font-weight: bold;\">Mortgage amortization (at 3%)<\/td>\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; color: #64748b;\">3.0% savings<\/td>\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0;\">~300 \u20ac \/ year saved<\/td>\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; color: #64748b;\">0 \u20ac (base)<\/td>\n      <\/tr>\n      <tr style=\"background: #f8fafc;\">\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; font-weight: bold;\">Investing in Crowdlending (at 10%)<\/td>\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; color: #0284c7; font-weight: 600;\">10.0% income<\/td>\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; font-weight: bold;\">~810 \u20ac \/ year (after IRPF)<\/td>\n        <td style=\"padding: 12px 16px; border: 1px solid #e2e8f0; font-weight: bold; color: #16a34a; font-size: 16px;\">+510 \u20ac net per year<\/td>\n      <\/tr>\n    <\/tbody>\n  <\/table>\n<\/div>\n\n<!-- Raz\u00f3n 2: La inflaci\u00f3n deval\u00faa la deuda -->\n<div style=\"margin: 24px 0; padding: 22px 24px; background: #f8fafc; border-left: 5px solid #64748b; border-radius: 8px;\">\n  <h3 style=\"margin: 0 0 10px 0; font-size: 18px; color: #1e293b;\">Reason 2: Inflation devours long-term debt<\/h3>\n  <p style=\"margin: 0; color: #334155;\">\n    You owe a fixed nominal amount, but with accumulated inflation of 15% or 20% over the years, the real value of that debt relative to the cost of living decreases. Salaries and property values tend to adjust upward, diluting the actual effort to repay the loan without advancing a single euro.\n  <\/p>\n<\/div>\n\n<!-- Raz\u00f3n 3: Riesgo de iliquidez -->\n<div style=\"margin: 24px 0; padding: 22px 24px; background: #fef2f2; border-left: 5px solid #ef4444; border-radius: 8px;\">\n  <h3 style=\"margin: 0 0 10px 0; font-size: 18px; color: #991b1b;\">Reason 3: The liquidity trap (money buried in brick)<\/h3>\n  <p style=\"margin: 0 0 10px 0; color: #7f1d1d;\">\n    As soon as you deposit 20,000 euros in the bank to cancel the principal, that money is no longer available. If tomorrow you suffer an unexpected emergency (loss of employment, illness, or need for capital):\n  <\/p>\n  <ul style=\"margin: 0; padding-left: 20px; color: #7f1d1d; line-height: 1.6;\">\n    <li>The bank will deny a new mortgage or re-mortgage if your income has decreased.<\/li>\n    <li>You would be forced to resort to expensive personal loans at 8% or 12%.<\/li>\n    <li>The investor with invested and liquid capital maintains control and the ability to react to any contingency.<\/li>\n  <\/ul>\n<\/div>\n\n<h2>3 \u2013 If you decide to amortize: Reduce the installment or reduce the term?<\/h2>\n\n<div style=\"display: grid; grid-template-columns: repeat(auto-fit, minmax(280px, 1fr)); gap: 16px; margin: 24px 0;\">\n  <div style=\"padding: 20px; background: #f8fafc; border: 1px solid #cbd5e1; border-radius: 8px;\">\n    <h3 style=\"margin: 0 0 8px 0; font-size: 17px; color: #0f172a;\">Reduce the term<\/h3>\n    <p style=\"margin: 0; color: #334155; font-size: 15px;\">You keep the same monthly payment and finish earlier. It is the alternative that saves the most total interest over the contract.<\/p>\n  <\/div>\n  <div style=\"padding: 20px; background: #f8fafc; border: 1px solid #cbd5e1; border-radius: 8px;\">\n    <h3 style=\"margin: 0 0 8px 0; font-size: 17px; color: #0f172a;\">Reduce the Fee<\/h3>\n    <p style=\"margin: 0; color: #334155; font-size: 15px;\">You keep the mortgage years but your monthly bill goes down, freeing up immediate cash flow to live more comfortably or continue investing.<\/p>\n  <\/div>\n<\/div>\n\n<!-- Caja de llamada a la comunidad -->\n<div style=\"margin: 32px 0; padding: 24px; background: #f8fafc; border: 1px solid #cbd5e1; border-radius: 8px;\">\n  <h3 style=\"margin: 0 0 12px 0; color: #0f172a; font-size: 20px;\">Community and resources<\/h3>\n  <p style=\"margin: 0 0 12px 0; color: #334155; line-height: 1.6;\">\n    In the Telegram community of <strong>InvantAPPs<\/strong> We share our real-world experiences by investing in crowdlending platforms, we keep up to date with changes in regulation and taxation, and we resolve day-to-day questions among investors.\n  <\/p>\n  <p style=\"margin: 0 0 16px 0; color: #334155; line-height: 1.6;\">\n    If you are taking your first steps or want to test your analysis before moving your capital, we are waiting for you in the group.\n  <\/p>\n  <a href=\"https:\/\/t.me\/+KOmbeIuw2iQzMzQ8\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"display: inline-block; padding: 10px 20px; background: #0284c7; color: #ffffff; text-decoration: none; border-radius: 6px; font-weight: 600; font-size: 15px;\">\n    Join the Telegram group \u2192\n  <\/a>\n<\/div>\n\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Should you pay off your mortgage or invest? We analyse the opportunity cost, the impact of inflation on debt and the risk of illiquidity before paying money to the bank early.<\/p>","protected":false},"author":7,"featured_media":9568,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[128],"tags":[],"class_list":["post-9552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conceptos"],"_links":{"self":[{"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/posts\/9552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/comments?post=9552"}],"version-history":[{"count":0,"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/posts\/9552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/media\/9568"}],"wp:attachment":[{"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/media?parent=9552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/categories?post=9552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invantapps.com\/en\/wp-json\/wp\/v2\/tags?post=9552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}