Should i pay my mortgage off quicker?

M

mick087

Guest
I have a 30 year Mortgage with 24 years left. I owe about 135, 000 on the mortgage 719 per month also 40 euro a month payment protection and 22 euro a month for life insurance so if i die the house is paid for. Does this seem like a good deal im getting if i was to want to pay off this in 15 years does anyone no how much more id pay. I no were going to be getting some increases in intreast rates the one in may was about 30 euro hike for me.
My questions
1 Does what i am paying seem ok to anyone
2 How much more would i need to pay per month to pay off the house in 15 years
3 Is payment protection worth having.

Thank you all in advance
 
Enter the various figures into a mortgage calculator below or similar and you will get the answers to your questions.

http://www.myhome.ie/calculators/mortgage

I would consider Mortgage protection to be important but I check rates every few years as value of protection required is falling. I have used http://www.monitum.com/

a number of times and get a large cashback of premiums paid after each first year. No connection but very pleased with the service from this company which I saw on AAM site.
 
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