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Mortgage Advice
Chris1879
Posts: 1 Newbie
I have £51k left on mortgage and currently locked in a 1.2% deal for another 3 years (phew) and can afford to pay £4500 off the balance before the end of the year and another £4500 next year.. should I do this or am I better saving the money via a ISA/ Bond and then paying it off later when I have the full funds to clear the mortgage... I am really torn, as I want to be mortgage free before I am 47 (5 years) but I will not see the benefit monthly only in a few years...
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Comments
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Little point paying bits off it now when you can get 5% or so in a savings account.1
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