We wa t to be mortgage free 16 January 2016 at 9:16PM in Mortgage-free wannabe 2 replies 464 views

Oggy1511

Our mission from now is to be mortgage free as soon as possible . We are in a fixed rate mortgage till sept 2017 and we are saving like mad at the moment to be mortgage free . We have 6 grand at the mo to pay off but the dilemma is do we keep it in our ISA till we renew our mortgage in sept 2017 or do we pay a lump off now . We are with nationwide and can pay 10% off our mortgage a month . We only have 67000 left on our mortgage . Any advice gladly recieved and also any other ways of making extra cash to help us be mortgage free gladly recieved .

Thanks

Eve

Luckyinlife

if your over a 2.5% on your fixed rate pay it off the mortgage i would personally
Just remember the earlier you pay it of the sooner you start saving on the daily/monthly/yearly interest

what is your fix currently ? how long do you have left on the montage ?

very similar balance to me will follow with interest :]

Oggy1511

We have about nine years left on our mortgage and our rate is 1.89 % . We so want to be mortgage free