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
mortgage query
pablo1827
Posts: 78 Forumite
Can any one out there help me with an answer to the following.I have a 29k mortgage remaining to be paid off in 2015.Its made up of 21k interest only and 8k repayments. I intend to try and pay this off earlier and will probably be able to overpay by about £150 per mth.My original thoughts where to make the overpayments to the interest only part but iam not to sure.I have an endowment with st/life maturing in 2015 to cover 25k but this is underperforming and has a surrender value at the moment of £10500.I pay £35 pounds a mth for this.Any thoughts or ideas would be really welcome. Thanks pablo.
0
Comments
-
bump anyone?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards