Overpay or Regular Saving Accounts?
Allan_C
Posts: 4 Newbie
I need some advice please:
Should I overpay on my 1.99% life time tracker mortgage or open up a regular saving accounts at 5% interest? I have £77k left over 17yrs on my mortgage? I can afford to overpay £250 per month, maybe a bit more.
Should I overpay on my 1.99% life time tracker mortgage or open up a regular saving accounts at 5% interest? I have £77k left over 17yrs on my mortgage? I can afford to overpay £250 per month, maybe a bit more.
0
Comments
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Hello. I would save in the 5% account and when rate goes down if so transfer to mortgage. Others may have different ideas but that’s what I’m currently doing.0
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