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Out of curiosity, would you totally pay off your mortgage?
I like 401k loans because there is no taxable event and you repay the interest to yourself.
My mortgage is sadly too large for payoff. I was thinking of making principal curtailment to meaningfully reduce interest portion of my monthly payment. Re 401k, I agree and love that I will be paying myself.
“Is it a good idea to use a 401k loan” - no. Doesn’t matter what the rest of the sentence is. It is not a good idea. Sure someone could give a scenario where it could be helpful, but it is never part of a pragmatic, long-term, wealth building strategy.
Remember your paying yourself back with interest.