A disadvantage of paying off your mortgage with all your remaining liquid funds is that
A)you likely make higher interest with your liquid funds.
B)you could incur an unanticipated expense you cannot pay.
C)you might not be able to qualify for another loan.
D)early repayment could damage your credit rating.

Question

Quizplus · Accepted Answer

Using all your remaining liquid funds to pay off your mortgage means that you will have no emergency funds available for unexpected expenses. This can put you in a difficult financial situation if an unanticipated expense arises.

A Disadvantage of Paying Off Your Mortgage with All Your