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pension, S&S ISA or just keep on filling up Cash ISA

latecomer · 2013-01-15 09:46:02

Question is where should I be putting any extra cash we have? Currently have a decent amount in Cash ISAs earning around 3%-ish. Our cash savings are mostly going into our mortgage next month which we hope to pay off in around 9 years - we will also have an accessible overpayment facility with the new mortgage for future…

Comments

latecomer Posts: 4,331 Forumite

22 January 2013 at 12:45PM

We are already at a LTV which opens up the best rates available. The intention is to put our spare cash into the overpayment fund which effectively gives us 2.79% tax free.

We do have easy access ISAs which could be tapped into if for any reason we were unable to withdraw from the overpayment fund.

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