I have €12,000 of SSIA money and am wondering whether to pay it off my mortgage or invest it / put it in savings account.
My mortgage is €130,000 - €56,000 of this is on a 4.5% tracker with ICS.The remaining €74,000 was a top-up and is on a 3.65% rate fixed until April.The house is valued at €165,000.
Should I pay the €12,000 off my capital balance - or go for investment/saving ??And if so - what??
Also,does anyone think I might be able to get better value on my mortgage?
My mortgage is €130,000 - €56,000 of this is on a 4.5% tracker with ICS.The remaining €74,000 was a top-up and is on a 3.65% rate fixed until April.The house is valued at €165,000.
Should I pay the €12,000 off my capital balance - or go for investment/saving ??And if so - what??
Also,does anyone think I might be able to get better value on my mortgage?