Help Required.....Should I make overpayments....or increase re-payments

13 Posts
Anyone any ideas, I'm about to re-mortgage and would like to know which would benefit me the most,
I can afford to make overpayments on my mortgage over 20 years which will hopefully shorten the term of the mortgage,
or
Would I be better increasing my re-payments each month by shortening the term of the mortgage to ten years.
Any ideas would be most welcome
Cheers Baldy
I can afford to make overpayments on my mortgage over 20 years which will hopefully shorten the term of the mortgage,
or
Would I be better increasing my re-payments each month by shortening the term of the mortgage to ten years.
Any ideas would be most welcome
Cheers Baldy
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