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!
Once you pay off your full mortgage amount, what happens next?
Comments
-
Pop open the bubbly and book a holiday?the_mandarin said:I may be jumping the gun a bit here considering it will perhaps still be a few years before I need this information, but I was still wondering what happens once you pay off your full mortgage amount to your Bank.3 -
Oh yes....that's what I have in mind....Very long cruise. LOLStrummer22 said:
Pop open the bubbly and book a holiday?the_mandarin said:I may be jumping the gun a bit here considering it will perhaps still be a few years before I need this information, but I was still wondering what happens once you pay off your full mortgage amount to your Bank.Making the debt go down and savings go up
LBM 2015 - debt £57K / Now £26,104....its going down
Mortgage Free December 9th 2024! 18mths ahead of schedule.Challenges
EF £290/3000
Studies/surveys July £99.11
Decluttering items 1400/2025. 353/2026
Books read 23 in 2025. 2026- 16 (target is 52)
Jigsaws done 20 in 2025. 4 in 2026
My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.3K Banking & Borrowing
- 254.7K Reduce Debt & Boost Income
- 455.9K Spending & Discounts
- 248K Work, Benefits & Business
- 605.2K Mortgages, Homes & Bills
- 178.8K Life & Family
- 262.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
