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mortgage overpayment

I've decided to pay extra money off my mortgage every month rather than open a savings account or even start a pension. Comments please.

Comments

  • lisyloo
    lisyloo Posts: 30,094 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    First check that there are no penalties or overpayment limits.
    Then check that you have a daily interest mortgage and not annual.
    Do you have enough money put by for emergencies?
    Are you savings for your retirement in some way?

    If all that's fine, then I don't see any problem with it.
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