It is usually common for an average income earner person to apply for mortgages in acquiring a home or other commodities as the salary is not enough to pay in cash. These commodities are necessary as it provide comfort and ease in their way of life. By spending money wisely and by having good financial management, one will make even life comfortable as stress arises when there are so much debt and expenses to think about. From one of the articles mentioned at http://www.earth.co.uk news entitled “Borrowers can pay off mortgage early by keeping payments-up” that paying off mortgages early could make life a difference in terms of quality life because the money that has been freed-up could be spent in some other things. However, this is not true for a businessman’s perspective as payments should be done as low as can be as long as it is justifiable with the interest spent against the gain from other business deals. The statement would also give an advantage to the lending agencies as they will also have new opportunities for other borrowers (Tag: Mortgages UK ).