Mine is pretty much paid off. Did it before I reached 50.
I have a all in One Loan. It uses your property as collateral.
The interest rate is higher but it is
simple interest. It is tied to a checking account. Any money I deposit into the checking account is cleared every night and that money gets credited to the line of credit account (lowering the balance you are paying interest on) . When you use the checking account it pulls the needed funds from your line of credit.
It is not "offered" in all states but it is a great tool if you can get it.
This explains it better
https://www.thebalance.com/what-is-a...rtgage-5200578