Which is cheapest overall?

MF2015

Thrugelmir wrote: »

Remortgaging comes at a price. Exit fees, legal fees and valuation fees. You'll need to factor these in if the intention is to move to another lender.

The fees are included above and no valuation/legal fees also no exit fee as it's coming to the end of the term.

getmore4less

If you want to max out the pension you should look at extending the terms to reduce the capital paid.

The simple comparison is add the fees make the payments the same and see what's left using a simple calculator.

You can then factor in the lower rate/payment and paying that into the pension.

MF2015

getmore4less wrote: »

If you want to max out the pension you should look at extending the terms to reduce the capital paid.

The simple comparison is add the fees make the payments the same and see what's left using a simple calculator.

You can then factor in the lower rate/payment and paying that into the pension.

Thanks for the advice but I feel better paying down the mortgage so they finish at roughly the same time, work and repayment.

I’m sure I could get more going I/O but if I do decide to carry on working then there is a danger I’ll hit the pension lifetime allowance.