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Invest or Overpay Remortgage

mark55man · 2013-12-19 21:18:23

Long preamble - short question !! At a bit of a loss as to which board to post this, could have been DFW, MFW, or this one. I figured the investment board would be best. I was on a 10 year fixed rate 4.99% from 2009 (on a 15 year mortgage) - I needed a fix as money was tight, and I forecast long term raised…

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jimjames Posts: 18,710 Forumite

29 December 2013 at 11:06AM

The choice I have made is to invest in ISAs to the full to build a mixed portfolio but I am nearly 100% equity with tiny bond exposure rather than pay off mortgage early. I now have almost 3x the outstanding mortgage in my portfolio and 12 years of 25 year term remaining. Made a few bad decisions along the way but life is all for learning!

Remember the saying: if it looks too good to be true it almost certainly is.
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