mercredi 30 mars 2016

Should we be making overpayments on our mortgage?

Now there are two of us, we’re able to save about £1,800 a month, but would like to do more than just save it up

Q My fiance and I have just reached our savings goal for our wedding next year and we think that we can now redirect our savings elsewhere. However, we would really benefit from some advice.

We currently pay around £750 on our five-year, fixed-rate mortgage every month. Because it was just me who bought the property originally, now that there are two of us, paying that amount each month is much easier. So much so that we think we’re now able to save about £1,800 a month. Saving that amount of money (especially in the current climate) has raised a couple of questions.

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from Health & wellbeing | The Guardian http://ift.tt/22QMUb8
via health

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