I got married late last year:
My mortgage was a 25-year 0.75% tracker, which has 16 (about €75k) years remaining. I have the house rented out now, and going on advice seen elsewhere in AAM am keeping a low profile with my bank on the matter.
My wife's mortgage is a fixed and between our home (previously hers) and a site she bought in her home county she owes about 200k.
Before marrying my basic repayment was €440 per month, which I've been overpaying by €880 for the last 3 years. At this rate my old mortgage will be repaid in about 6 years.
My question is, should we be attacking her large mortgage or polishing off my tracker?
My mortgage was a 25-year 0.75% tracker, which has 16 (about €75k) years remaining. I have the house rented out now, and going on advice seen elsewhere in AAM am keeping a low profile with my bank on the matter.
My wife's mortgage is a fixed and between our home (previously hers) and a site she bought in her home county she owes about 200k.
Before marrying my basic repayment was €440 per month, which I've been overpaying by €880 for the last 3 years. At this rate my old mortgage will be repaid in about 6 years.
My question is, should we be attacking her large mortgage or polishing off my tracker?