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Natwide Mortgage Break
Dandytf
Posts: 5,073 Forumite
Seriously considering Applying to Nationwide -C.V. 19 mortgage break.
Though my standard repayments are historically low 1.34% until mid 21'
I could have a sensible Emergancy Fund in 3 months -3*250.
As the three months are repayable over remaining 15 Years, is it going to cost a small fortune in Interest, I assume the repayments could go up with Interest rates and future Mortgage rates.
Thanks
Though my standard repayments are historically low 1.34% until mid 21'
I could have a sensible Emergancy Fund in 3 months -3*250.
As the three months are repayable over remaining 15 Years, is it going to cost a small fortune in Interest, I assume the repayments could go up with Interest rates and future Mortgage rates.
Thanks
Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
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Comments
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Any thoughts MSEr's are mortgage breaks a decent idea.
If not why avoid such a short term chanced to save a small Emergancy fund.
Thanks in advance.Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0 -
The extra three months won't cost a small fortune in interest. It'll be around a tenner for a year. Plus, you can always overpay at a later date.
If cashflow is important to you at the moment, then take advantage of it1 -
Thanks, no immediate cash flow difficulty's.Deleted_User said:The extra three months won't cost a small fortune in interest. It'll be around a tenner for a year. Plus, you can always overpay at a later date.
If cashflow is important to you at the moment, then take advantage of it
Though the idea of an Emergancy fund seems sensible.
I'll decide next few days.Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0
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