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ISA or keep paying it off the mortgage
jensencars
Posts: 1 Newbie
hi
we have a virgin one account with approx 10,000 outstanding we are over paying every month but should we be putting the overpayment into ISAs logic is telling me that Im saving more by clearing the mortgate with a 6.5 % interest rate dont want to move our mortgage now because we like the overpayment flexibility and its only a small mortgage what do you think
we have a virgin one account with approx 10,000 outstanding we are over paying every month but should we be putting the overpayment into ISAs logic is telling me that Im saving more by clearing the mortgate with a 6.5 % interest rate dont want to move our mortgage now because we like the overpayment flexibility and its only a small mortgage what do you think
0
Comments
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This is an FAQ. You may want to do a forum search (in this section) as it comes up often and its the same information that is posted each time.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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