Hello.
I don’t think this is at money makeover level. I hope it is a simple query.
All other things sorted. (Home mortgage cleared and no credit card / car loans. Pension avc maxed and a few bob put away).
Does it make sense to pay off, each month adding additional amounts , to pay off a foreign rental property loan quicker than it is due to run?
The interest is allowable against tax.
As I see it I need to look at the interest rate. Then half it (more or less as tax @50%) and determine if that is an amount I’m happy to be getting as a return on the money.
Or am I missing something or indeed missing many things ?
Thank you