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
should i cash in endowment
soninlaw_2
Posts: 3 Newbie
Hi. I have four and a half years left on part payment part endowment mortgage,£18.500 left to pay. Am paying almost twice amount required on monthly repayment. The endowment is on red alert ,poss £3.000 to £4000 def on maturity. Will soon have £5.000 from inheritance which will go to paying part of repayment. Should i cut my losses on endowment and cash it in now to pay even more of mortgage or should i let it ride ???
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards