westham75 Posted November 27, 2012 Report Share Posted November 27, 2012 What is the best thing to do Overpay my mortgage each mth ..... Or cut the term please advise me Link to comment Share on other sites More sharing options...
Richlist Posted November 27, 2012 Report Share Posted November 27, 2012 With interest rates at a 350 year low I'm not so sure that either of your options are a particularly good choice. The best thing to do is to borrow more, buy more and build up your portfolio using someone elses money. The time to consider overpaying or cutting the term is when you are laying on the beach in Marbella counting your income. Link to comment Share on other sites More sharing options...
westham75 Posted November 27, 2012 Author Report Share Posted November 27, 2012 With interest rates at a 350 year low I'm not so sure that either of your options are a particularly good choice. The best thing to do is to borrow more, buy more and build up your portfolio using someone elses money. The time to consider overpaying or cutting the term is when you are laying on the beach in Marbella counting your income. Good point haha!!!! Link to comment Share on other sites More sharing options...
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