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Mortgage free advice please
KL03
Posts: 2 Newbie
Hi all
I'm new to this so I apologise if something similar has been asked.
We have 8 years and 10 months left but I ideally want our mortgage paid off in 5 years. We owe £94,100, we currently pay £961 a month. Is it possible to get our mortgage paid off 3 years 10 months earlier?
Thank you
I'm new to this so I apologise if something similar has been asked.
We have 8 years and 10 months left but I ideally want our mortgage paid off in 5 years. We owe £94,100, we currently pay £961 a month. Is it possible to get our mortgage paid off 3 years 10 months earlier?
Thank you
0
Comments
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All depends on your income and expenditure. Can you afford to overpay your mortgage?
Would need to post some figures and stats, to see if achievable.
Mortgage interest rate - 1.75% ??
If you overpaid by £679 a month - it is do-able. Rough figures as do not know your interest rate and outgoings along with income.Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_Now a Part Timer from 27.10.190
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