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Mortgage / Endowment Advice

Gemmzie · 2008-04-03 21:03:21

I'm fairly confident with finance but don't know a lot about mortgages, so with all the drama going on lately, just wanted to check our position wasn't too wobbly mortgage-wise and secured loan-wise. House is worth approx £250k Repayment mortgage was originally £85.1k (currently £75.2k) - current rate is 6.25%, promises…

Comments

Dick_here Posts: 1,605 Forumite

17 April 2008 at 1:27PM

The current surrender value appears quite low to me, compared to the GSA + bonuses to date, considering the policy has been going nearly 16 years. You'll hardly have made any profit at all.

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