I currently own a condo that I rent out. Bought it in 2007, market tanked, hasn't recovered. Current interest rate is 4.25%. I hope to sell it in the next two years because it's not generating any revenue. I essentially break even each month. My question is this. Current value of the property is about $170K. I owe about $188K on it. If I pay the regular monthly payment for the next 2 years I'll have about $175K left on the loan. If I sold at that point I'd actually owe $5K plus the money to the realtor. I really don't like the idea of handing over what would probably amount to $15K. Is there any benefit to me, other than psychological, of paying down more each month and say selling in 2 years with about $150K left on the loan? I know the tradeoffs are that I could take that extra money I'm putting towards the loan and put it in the market but there is no guarantee the market will do better especially in such a short time frame. Already max out my 401K, IRA, primary residence is paid off, etc. Any financial benefit at all of paying it down to less than I owe? Any downside?