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Overpay monthly or lump sum
jdh3
Posts: 16 Forumite
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Hi, if you are not in a fixed rate period, one option that would be a good compromise would be an offset mortgage.
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If you can get more than 3.09% on your savings, then it would be best to save up and pay in one lump sum.
If not, then you're just eroding the value of your own cash.
Obviously if you're concerned about having no available cash, you need to rethink overpaying.1
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