| Don't do it. You will owe income taxes and penalties on the withdrawal from your IRA, so figure on only half of your account being available to pay off the mortgage. You are better off paying the mortgage, deducting the interest payments from your taxes, and continuing to have the 401(K) grow tax-free until your retirement. This would also leave you with little for retirement - you'd be "house poor," which is a very inflexible place to be. You're better off having, say $100K in your 401(k) and a $50K mortgage than having no 401(k) and no mortgage. | 
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