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Which mortgage shall I put savings into?
ludwig_van_beethoven
Posts: 1 Newbie
I have three mortgages, two are on buy to let properties, one is on my own residence.I have some savings and the opportunity to pay off some mortgage.
Which on shall I put the money on? All are interest only.
Own house - Largest mortgage, smallest rate as is on SVR. 5 years to go, would not get another mortgage.
BTL 1 Second largest also on SVR. 18 years to go .
BTL 2 Smallest mortgage, is on fixed rate for two years but can pay off 10% annually. Defaults to SVR for next 15 yrs
What say ye?
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