We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Should we pay off the Mortgage
bedtester
Posts: 1 Newbie
My spouse starts uni quite soon, cough cough a mature student. One week after she starts our endowment and with profit life assurance matures, we took it out when we brought our first home 25 years ago and kept it going even though our 2nd home was brought using a repayment mortgage. Fingers crossed we could repay the mortgage 9 years early 🙏.
Her first years student finance has been confirmed and it's quite healthy, we think this is due to having a mortgage.
Q Should I repay the mortgage or keep it going for the next three years, although reduced to practically nothing and just how small can I get it before the supplier asks me to settle it?
Her first years student finance has been confirmed and it's quite healthy, we think this is due to having a mortgage.
Q Should I repay the mortgage or keep it going for the next three years, although reduced to practically nothing and just how small can I get it before the supplier asks me to settle it?
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.3K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards