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mortgage endowment question
pinkykat
Posts: 71 Forumite
I have two endowments one finishes a year before the other. What do I need to do? Would I be better receiving it and putting it in an ISA for one year? or extending the endowment for another year?
0
Comments
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It all depends on the rate on your mortgage.
High rate mortgage = pay off debt.
Low rate mortgage = stick it in a savings account that will earn you more interest than you are being charged.0
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