They should have Paid the House off in 10 years. My last mortgage I paid off in 10 months, the mortgage on my House at the Colorado River in AZ I paid off in less than 10 years. then I paid all cash for the house I just built, because I have NO BILLS or DEBTS.
My daughter has a house in AZ right down the street from mine, I paid cash for it with the inheritance she got from my father when he died, Her and her husband did a cash out refi and paid cash for a house in Texas where they moved to. Her house is rented out for double the loan payment and the loan will be paid off on a 5 year schedule by paying every last nickel extra they can come up with and they will no longer be debt slaves.
Everyone should do everything possible to avoid becoming a Debt Slave. Every last nickel you can muster should be used to PAY off any and all debts, especially a Mortgage.
We should all be so fortunate.
I'm not being sarcastic. One aspect of the Great Reset is the elimination of generational wealth. When Bill Gates, Blackrock, and the ChiComs own all the housing, there will be nothing to pass down to the kids except Grandma's Hummel collection and grandpa's old power tools.