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ISAs to Martgage payoff
tldkid
Posts: 28 Forumite
I have 5 ISAs which are likelt to come down to about 3% interest in 2009. I bought these to pay off the shortfall on my Mortgage Endowment.
As my Mortgage is now in the same 3% interest rate region, should I now come out of the ISAs and put it into paying off part of my Mortgage capital?
As my Mortgage is now in the same 3% interest rate region, should I now come out of the ISAs and put it into paying off part of my Mortgage capital?
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Comments
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It is not costing you anything to keep the money in ISAs so that it is available as "rainy day" money................................I have put my clock back....... Kcolc ym0
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