Should I pay off my mortgage early in Japan?
A lot of advice in English recommends paying mortgages off early, and many people dislike being in debt and aim to be debt (and mortgage) free as soon as possible.
But this is not necessarily the best option in Japan.
Mortgage Tax Benefits
In Japan there’s a mortgage tax refund for property owners. It’s been reduced from 1% to 0.7% but is still a worthwhile benefit.