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Advice Needed - should I overpay my mortgage or elsewhere?
Pritesh_2
Posts: 10 Forumite
Hello All,
This is my first ever thread, not really sure if this the right place or I should have to put this on the pensions board (apologies).
I have worked out that I can spare about £100 a month. Now the question is do I overpay my mortgage every month or increase my Stakeholder Pension?
The figures are as follows:
Age:32
Mortgage £129,000 (23 years left)
Stakeholder: Pension with Norwich Union £50 (monthly DD)
My mortgage interest is calculated on a daily rate.
Many Thanks for your help
This is my first ever thread, not really sure if this the right place or I should have to put this on the pensions board (apologies).
I have worked out that I can spare about £100 a month. Now the question is do I overpay my mortgage every month or increase my Stakeholder Pension?
The figures are as follows:
Age:32
Mortgage £129,000 (23 years left)
Stakeholder: Pension with Norwich Union £50 (monthly DD)
My mortgage interest is calculated on a daily rate.
Many Thanks for your help
Tesh
0
Comments
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Admin, please delete! incorrect location, reposted!Tesh0
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