Deposit maturing shortly should i pay off on martgage?

[cavanMan]

hey Guys

I have 25k maturing shortly with Nationwide UK in April, the best interest rate they have is 1.75%. although there is better rates with other banks, should I pay off the 25k off my mortgage which is currently 48k left to pay off.

any suggestions welcome.

 

[emeralds]

Have you other savings or is this your total of savings? Also what rate is your mortgage?

 

[cavanMan]

hey Emeralds thanks for the quick reply...

no i have other saving of approx 50K, my rate on the mortgageis 1.30% and my montlly payments are €330 plus some TRS of €20.