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Mortgage free or keep a tiny one?
Mad.bird
Posts: 1 Newbie
Hopefully this time next year I'll be at the point where I can keep my over payments going and the mortgage will disappear, or I could ask to go down to minimum payment. This should be less than a fiver a month to keep the mortgage going.
I am under the impression that this would make my credit check thing look good.
Please give me some advice, because I haven't got a clue!
:rotfl:
I am under the impression that this would make my credit check thing look good.
Please give me some advice, because I haven't got a clue!
:rotfl:
0
Comments
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My thoughts are why would you incur interest however small? And also, more significantly, why would you let someone still have a security over your home, unless you had to. I would get rid of it as soon as possible!0
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Pay it off as soon as possible, the feeling you get from being mortgage free far outweigh's any reason you can think of for keeping it going.0
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