Debate House Prices


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Low Rates = Massive Mortgage Payoff?

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Comments

  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The flexibility or having a large stoozed mortgage pot is allowing me to max out my pension contributions for two years which due to the tax/benefits landscape is cheaper than making the same contributions over 10 years plus means I can contribute now hopefully before the benefits of pension saving are cut back.

    Mortgage is well below 50% of property value so mortgage rates are not an issue (income is more of a blocker).

    For tax reasons DW has to earn all of the interest which does itself constitute a risk....
    I think....
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    What is DW?
  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Darling Wife
    I think....
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