NewEdition
Registered User
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I am lucky enough to have a few thousand remaining on my mortgage.
I have the funds to pay it now if necessary but would rather pay off over the next 6 months.
My mortgage cover / insurance, not life insurance, the basic mandatory covered to secure a mortgage is due in May. Its only €100 per year, but I am thinking I should cancel it.
Can I do this?
What are the repercussions?
If I was to die before the end of the term, the funds are there to pay it anyway.
I have the funds to pay it now if necessary but would rather pay off over the next 6 months.
My mortgage cover / insurance, not life insurance, the basic mandatory covered to secure a mortgage is due in May. Its only €100 per year, but I am thinking I should cancel it.
Can I do this?
What are the repercussions?
If I was to die before the end of the term, the funds are there to pay it anyway.