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!
overpay mortgage or put money in savings?

ileenie76
Posts: 2 Newbie

Hello
Can anyone let me know how I work out which is best? My mortgage is fixed 5.34 % and can be overpaid by up to £450 per month. I also have an isa which is 3.5% i think..
thanks!
Can anyone let me know how I work out which is best? My mortgage is fixed 5.34 % and can be overpaid by up to £450 per month. I also have an isa which is 3.5% i think..
thanks!
0
Comments
-
If your sure you don't need the money back, aren't going to be charged for overpaying, and have enough emergency cash set aside,
then OP the mortgage.Space available for rent0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards