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Advise paying mortgage off

Hi all
What's my best option I have tracker mortgage 3 years left to pay
I have been over paying for some time but.
I have 2 endowments I can cash one in to pay off my mortgage as the annual bonus is only been £104.00 the last few years I would loss £1800 by cashing in early
What would be the best option keep paying or cash in and settle off
Thanks colin

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We have no idea what interest rate you are paying on the mortgage, ERC charges,
    Terminal bonus from the endowment, age, retirement plans,
    Outstanding balance, how much you are overpaying each month.
    Do you need the money ? Could you pay this mortgage off and have the endowment as a cash bonus
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