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!
Pay off all mortgage, or leave a relatively small balance?
RD42
Posts: 76
Forumite
Hi All,
Apologies if this has been done to death. Should I pay off all my mortgage, or leave a relatively small amount (£15K) to run over 12 years @ Base rate + 0.99% ?
Trying to decide if there is any reason not to pay it off completley?
Thanks
Apologies if this has been done to death. Should I pay off all my mortgage, or leave a relatively small amount (£15K) to run over 12 years @ Base rate + 0.99% ?
Trying to decide if there is any reason not to pay it off completley?
Thanks
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards