We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
loan or mortgage?
hi, I have raised £6k on a credit card. I need to raise another 10-15K in order to buy a motorhome.
I can get a 10year no fee mortgage at 2.49% through first direct. I've been told though that I would be better getting an unsecured loan.
Any idea if this is correct? I want to pay about £150 pm back.
I can get a 10year no fee mortgage at 2.49% through first direct. I've been told though that I would be better getting an unsecured loan.
Any idea if this is correct? I want to pay about £150 pm back.
0
Comments
-
You can!!!8217;t decide how much to pay back on mortgage or loan. It!!!8217;s all down to your finances and history and aprMortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment start date 1/3/23.
Starting balance £66,565.45
Current balance £63,787.160
This discussion has been closed.
Categories
- All Categories
- 347.2K Banking & Borrowing
- 251.6K Reduce Debt & Boost Income
- 451.8K Spending & Discounts
- 239.5K Work, Benefits & Business
- 615.4K Mortgages, Homes & Bills
- 175.1K Life & Family
- 252.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards