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From interest only to repayment
Astara
Posts: 132 Forumite
Is it a good idea to change from interest only to a repayment mortgage even if it means paying it would be tight? But I would know that I was paying it off and have possibly more peace of mind.
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Comments
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i had an endowment mortgage--kept getting letters--shortfall
switched to repayment--best thing i ever did
you know exactly where you stand financialy£48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
debt/mortgage free 28/11/14
vanguard shares index isa £1000
credit union £400
emergency fund£500
#81 save 2018£42000
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