Any advice? - Getting a First Lien HELOC to pay off mortgage near retirement

Isn't your current mortgage a tax deduction? HELOCs on your residence are not. How much is your tax burden reduced by your mortgage deduction?

Most folks no longer take mortgage deduction as there's no benefit to itemizing since standard deduction was raised.

With $100k remaining, on a 3.25% mortgage, that's $3250/year interest - not close to $12k/$24k. Even adding in SALT deductions most folks will not breach the standard deduction.
 
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