Mortgage Free (or Mortgage Neutral)
alligin
Forumite 7 Posts
So after years of strategic overpayments (to avoid any ERC), and lots of saving, as of today the amount in the offset matches the balance.
I don't know if that qualifies as mortgage free, but there is still an ERC for the next few years so it'll be a case of %age lump sums for that time, but it still feels pretty good.
I don't know if that qualifies as mortgage free, but there is still an ERC for the next few years so it'll be a case of %age lump sums for that time, but it still feels pretty good.
4
Latest MSE News and Guides
Replies
2019: £16,125/£16,125
2020: £14,172.64/£14,172.64
2021: £12,333.62/£12,333.62
2022: £10,626.55/£10,626.55
No interest and extra cash every month feels pretty mortgage free to me.