I really don’t remember, because the company I worked for cancelled our 401K deductions and I had to roll it over to an IRA at my credit union............
If the return on your 401k is higher than your mortgage rate, put all you can in the 401k and pay the minimum mortgage payment.
Over the last 40 years, the Dow has returned an average of ten percent.
Even if you open your own brokerage account, and plan for a 7.5% return, you are coming out ahead by only paying the minimum on the mortgage.
Take out a 5% mortgage and get a 7.5 to 10% return in the market, and you are winning.
And yes, the stock market could crash, but so could the value on your home.