M
mrfrags
Guest
Folks
I have a mortgage of about 130K and I have another 30k in cash so I was wondering if it would be in my interest to use it to pay off my mortgage. I have a tracker rate with NIB and Im only paying .5% above the ECB rate. Im thinking if JCT reduces the ECB rate next month as expected then the interest I'll be paying will get even lower hence I'll get to clear my mortgage even faster.
I was thinking of putting the lump sum into bank shares - Joke
I have a mortgage of about 130K and I have another 30k in cash so I was wondering if it would be in my interest to use it to pay off my mortgage. I have a tracker rate with NIB and Im only paying .5% above the ECB rate. Im thinking if JCT reduces the ECB rate next month as expected then the interest I'll be paying will get even lower hence I'll get to clear my mortgage even faster.
I was thinking of putting the lump sum into bank shares - Joke
