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endowment paid up
chatterboxchris
Posts: 27 Forumite
Hi just some advice please I have just had an endowment paid up and the mortgage company HSBC have paid off a £19,000 interest only mortgage and £20,000 on the ther £43,000 interest only mortgage I understood they were paying the whole £40,000 off the £43,000 mortgage they said they would change it around if I wanted. Both of these mortages are on the same interest rate variable 2%. Any advice please shall I leave it or change it ?
0
Comments
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As of now your Mortgage will be reducing month by month whereas the Interest Only Mortgage would not.
You are on your way to being mortgage free.
Why change. But if you want to change you can. Your call................................I have put my clock back....... Kcolc ym0
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