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I'll health and perspectives

Hi all

I've wanted to pay off the house for a long time and we have been working towards paying odd our credit cards which will be done by September October time. After that we did have plan to go on a city break which I think still is the plan..

In the last week I gave had a heart attack and it's really put things in perspective and my desire to pay the house off is stronger.  Husband was bit yeah ok and just went eith whay I said in terms of plans but last night when he visited in hospital he really agreed to paying off the house. 

So plan to ether save the money in an account and pay the full wack or save to the 10 percent limit and then pay that then start a new 10 percent savings plus extra so that we can see big impact. 
Mortgage free wannabe 

Actual mortgage stating amount £75,150

Starting balance £66,565.45

Current balance £53,769

Cc 1k at 0 percent

Comments

  • elsien
    elsien Posts: 38,363
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    edited 8 August 2025 at 6:11PM
    Hope you’re okay, or as okay as can be expected in the circumstances. 
    What’s the interest on the mortgage versus what you can get in a savings account? Although sometimes psychological impact is more important. If it was me, I would probably be chucking as much as the mortgage as I could rather than in a separate account.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have not could of.
  • Sncjw
    Sncjw Posts: 3,619
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    I could do that i want to have  some money there incase we need it 
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Starting balance £66,565.45

    Current balance £53,769

    Cc 1k at 0 percent

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