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Paying off mortagage early
rizzo_2
Posts: 25 Forumite
I have a redemption figure of 37K on my mortgage with an endowment policy. It runs until 2019. It's very unlikely the endowment will cover the balance when the term ends, a 10k shortfall is predicted.
Is it advisable to start paying off the amount owed, and keeping paying the endowment, and sorting side of things out when the balance is reduced or paid off?
TIA for replies
Is it advisable to start paying off the amount owed, and keeping paying the endowment, and sorting side of things out when the balance is reduced or paid off?
TIA for replies
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