SVR or fix?
I have 4 years left on my mortgage with an outstanding balance of £27,000. My very low fix is due to end at the end of the year. I am considering going to the SVR and not fixing again as I am able to overpay about £250 every month. However, I am not particularly good at crunching the numbers and not sure whether I would be better fixing again for 2 years and saving the money to pay a lump sum off the mortgage at the end of the fix. Any clues or any calculators you can point me in the right direction to please?
Mortgage £32,000Unsecured loan £10,800
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