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canna be mortgage free
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ams50
Posts: 1 Newbie
OK, I have a 90k+ mortgage at a fixed rate 0f 4.99% for the next 16 months. I have been lucky enought to have a windfall of £45000, what is the best option, pay off but incur a penalty, pay £500 a month in allowed overpayments, or put as much as I can into an ISA or the like until the end of the fixed rate term?
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Comments
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put it into a savings account and transfer £50 every month........
and also put £3K into an isa for you and anybody in your immediate familysmile --- it makes people wonder what you are up to....
:cool:0 -
you can also look at one of the search bots to find current best bond/savings account dealssmile --- it makes people wonder what you are up to.... :cool:0
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