Employed in public sector
husband self employed
home mortgage 80k outstanding variable 2.5% rate value 350 k
rental property 179k outstanding on 2.75% rate purchase price 310k
rented for 14 yrs, on low rate 1350 per /month stuck in rpz yield very low
3 kids
Have some AVCs
Wondering if we should sell now, to pay off both mortgages. Won't be trading up again.
no shares / equity.
husband self employed
home mortgage 80k outstanding variable 2.5% rate value 350 k
rental property 179k outstanding on 2.75% rate purchase price 310k
rented for 14 yrs, on low rate 1350 per /month stuck in rpz yield very low
3 kids
Have some AVCs
Wondering if we should sell now, to pay off both mortgages. Won't be trading up again.
no shares / equity.