Monday, January 29, 2018

Oh My…Our Mortgage Situation

We received our statement a week or so ago and reading through it I was surprised to see that we’re very close to completing it! I spent a while on Sunday night doing the maths to see if paying it off 4 years early and dipping into a few savings was worth it and also whether the endowment plan would increase enough to keep hold of it and keep paying into it. I phoned the Abbey Life earlier today and got and update and then spoke to Mark O’Hara on whether there were things I was missing. I think if there are no tax issues then we’re going to go for it and pay it off in the next few days!

WOW!! If that’s the case I can’t believe it, what a result that would be - £600.00 per month better off as a result and money that we can save and spend on ourselves

Will speak to the bank again tomorrow and then make a decision..I’m excited

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