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need money for another car- add to mortgage or get loan?
hostertlady
Posts: 877 Forumite
Hello everyone,
i hope you are all well tonight, my question is:
i want about £7000 to get another car, now- do i borrow the money from my mortgage( i have endownment- 1 year left to run and owe about £5000) or i have a repayment mortgage ( i year left to run and i owe £1500) or
do i take out a personal loan ( £7000 - depending who with the cheapest so far is sainsbury's bank and the credit charge is £718 over the three year period)
I have no idea on which way to go!! yes i know my mortgae is nearly finished but i can always bung a bit more in each month to bring it down if i add to it
what shall i do? anyone advise please
i hope you are all well tonight, my question is:
i want about £7000 to get another car, now- do i borrow the money from my mortgage( i have endownment- 1 year left to run and owe about £5000) or i have a repayment mortgage ( i year left to run and i owe £1500) or
do i take out a personal loan ( £7000 - depending who with the cheapest so far is sainsbury's bank and the credit charge is £718 over the three year period)
I have no idea on which way to go!! yes i know my mortgae is nearly finished but i can always bung a bit more in each month to bring it down if i add to it
what shall i do? anyone advise please
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