The decision to pay off a mortgage early and the associated early repayment charge is a personal one that depends on an individual’s financial situation and goals. Some factors to consider when deciding whether to your mortgage off early and fix it include the current interest rate environment, the remaining balance on the mortgage, and any potential savings from paying off the mortgage early. It may also be beneficial to consult with a financial advisor or mortgage lender to discuss the potential advantages and disadvantages of paying off a mortgage loan early and fixing it with a new rate.