Pay-off mortgage or help to buy ? 11 March 2022 at 6:14PM in Mortgage-free wannabe

zwanchef

Hi everyone,I’m about to inherit a reasonable sum so my question is what should I do?
I have the following    

                             2.5 years remaining @2.5% with a £3,500 early repayment penalty on a balance of £58,000

                     Or pay the Help to buy portion which is 20% of the house currently worth about £300,000 which would be £60,000
              

                     Or continue paying the mortgage until the fixed deal runs-out ?
many thanks