Should I pay off my mortgage once or keep paying it monthly?

[Jasraj Singh]

If I sell a property and I still have mortgage left to pay that I took while purchasing the property is it better to pay off that mortgage once at all from the profit i'hv earned after selling or is it better keep paying it monthly like I used to pay when I owned the property?? any suggestions please?

[JD Martin]

Not sure how you would still have a mortgage on a property you no longer own. Unless you are just using the term mortgage colloquially and you really mean just an unsecured loan. A mortgage is a lien on the property, and when you sold the property the lienholder demands payment. If you don't make enough from selling the property you have to bring a check with you to closing to satisfy the difference. 

Are you talking about a HELOC you took on your own home? Or money you borrowed against another home to do a flip on some other house?