We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
New Mortgage Deal Time, Do i get some extra Cash ?
Phil_Gr
Posts: 16 Forumite
My current fixed term deal is up soon (nov), and im starting to look about for a new deal.
My current deal is as follows :-
Tracker +0.64% above base rate.
Mortgage outstanding £70000
House Value £180,000 ish
I currently overpay by £400 per month
The problem is we need a new car & a bit of home improvements, and have been thinking of getting a loan.
We currently have no other debits, other than the mortgage
What to do ??? Loan or add to the mortgage
Thanks in advance
My current deal is as follows :-
Tracker +0.64% above base rate.
Mortgage outstanding £70000
House Value £180,000 ish
I currently overpay by £400 per month
The problem is we need a new car & a bit of home improvements, and have been thinking of getting a loan.
We currently have no other debits, other than the mortgage
What to do ??? Loan or add to the mortgage
Thanks in advance
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards