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Advice on mortgage paying off

mondeoglx
mondeoglx Posts: 42 Forumite
in Mortgages & endowments
Owe about £20000 on mortgage have a private pension I can take a lump some from this which would pay this off also have a company pension too would you think it's a good idea to pay off the mortgage with my private pension so be mortgage free

Comments

  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Depends on your early repayment charge
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • mondeoglx
    mondeoglx Posts: 42 Forumite
    No. Charge
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    mondeoglx wrote: »
    No. Charge



    What's the mortgage interest rate? Perhaps other investments pay more than this
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
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