Seems you have some mixed advise here. The best is to talk with a financial planner. Perhaps your CPA, if you have one, would be a good place to start. I understand your desire to have your home paid for and not have to worry about it. There are other things to consider however. DO youhave other debt? Perhaps at high interest rates? Most advise I have heard suggests paying those off first. Will you still have money "left over" if you did pay for the coop in full? Remember also that imortgage nterest is deductable . You have not mentioned anything about your regular income, or tax situation? I am NOT someone to give you advise as to the best move for tax advantage,,,or long term planning. I would be happy to get yoyu some names of financial planners or perhaps a CPA and/or a tax attorney. You need to make any moves carefully, with professional advise. I network with a lot of people and would be glad to share names....Good Luck!