Should I pay off my tracker mortgages as I have monies on deposit in the post office which could help pay some of these trackers. I am receiving some tax benefits from the yearly interest rate paid. My situation is as follows: I have two rented properties.
I have 104k loan outstanding on a rented property and the tracker rate is .65%, loan will be paid in 2026. I also have a 180 k loan outstanding on another rented property and the tracker rate is .8%, loan will be paid in 2030. I would appreciate any advice.
I have 104k loan outstanding on a rented property and the tracker rate is .65%, loan will be paid in 2026. I also have a 180 k loan outstanding on another rented property and the tracker rate is .8%, loan will be paid in 2030. I would appreciate any advice.