Hi
Here is the situation
Bought house 2006 EUR 235K
Current valuation EUR 150K
Current mortgage 145k
Savings 45k
Mortgage SVR PTSB 5.5% and rising
Currently working - secure AFAIK
Can get by without 45K have small nest egg after this to cover emergencies.
Should I pay this down or should I wait to see if there is debt forgiveness or has anyone done a deal for lump sum payments on SVR's?
Thanks
Here is the situation
Bought house 2006 EUR 235K
Current valuation EUR 150K
Current mortgage 145k
Savings 45k
Mortgage SVR PTSB 5.5% and rising
Currently working - secure AFAIK
Can get by without 45K have small nest egg after this to cover emergencies.
Should I pay this down or should I wait to see if there is debt forgiveness or has anyone done a deal for lump sum payments on SVR's?
Thanks