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Ditching 10 year fixed

boris411 · 2010-02-27 20:48:10

Hi, We have 8 years 6 months left on a 10 year fixed ,at 5.59 (over 18 yrs) and owe 71000 ,property worth 210,000, can over pay by 5 % each year and then incurr a charge of 6%. We will be in the fortunate position of being able to pay off about 35000 later this year My question is , should i just pay the charges and move…

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Dan_1976 Posts: 943 Forumite

28 February 2010 at 4:08PM

Your so right getmore. Good post.

"Banking establishments are more dangerous than standing armies." Thomas Jefferson
"How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen

Debt Apr 2010 £0
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Ditching 10 year fixed

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