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Mortgage shortfalls
misuel
Posts: 1 Newbie
My mortgage will currently mature and the endowments used over the last 25 years will result in a shortfall of 21k. what would be the best way to pay this shortfall without using all savings. I am 53 and would like to retire early if i can
0
Comments
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two ways
-use savings
-borrow money
if your interest rate from savings is higher than you would pay for a loan/borrowings then borrow otherwise use savings.0
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