Re: What have you just bought?
Quote:
Originally Posted by Hugh
Congratulations!
I agree - it’s a great feeling.
We paid ours off mid-2011, by mainly not reducing payments if the interest rates went down, then with a final payment at the end; we paid off a 25 year mortgage in 18 years.
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We should pay off ours in 2019 provided the endowments don't really fail. One is now green lettered the the other is red but we've reduced the sum owed by over 30k so they really would need to lose everything. We are currently on a fixed rate until 2019 so are in the group wanting interest rate rises to help our savings.
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