Core Viewpoint - The discussion revolves around whether homeowners should pay off a low-interest mortgage, specifically a 3% mortgage, using a sudden financial windfall, with experts advocating for paying off the mortgage for peace of mind and financial freedom [2][5][6]. Financial Situation - A couple from Washington, D.C. received over $1 million from a business deal, with a combined income of $275,000 and having cleared $130,000 in consumer debt [3][4]. - Their remaining debt includes a $260,000 mortgage at a 3% interest rate on a home originally purchased for $365,000 [4]. Expert Recommendations - Financial experts George Kamel and Jade Warshaw recommend paying off the mortgage immediately, emphasizing the importance of peace of mind and reduced risk [5][6]. - Eliminating the mortgage allows the couple to redirect cash flow towards retirement investments, aiding in their goal of early retirement [6]. Additional Financial Priorities - The experts suggest allocating remaining funds towards long-term financial goals, including contributions to a 529 college savings plan for their son, recommending an addition of $40,000 to $50,000 instead of the initially considered $100,000 [7].