Savings rate vs mortgage interest rate

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richtea

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If savings rates are greater than mortgage interest rates is it better to save than to overpay a mortgage?
The reason for asking is Trade republic are offering 4% now which, (after DIRT), is higher than our mortgage interest rate.

Assuming pensions are maxed and no other debt.
 
There's a decent discussion in this thread:

Better to save than to overpay a low fixed rate mortgage in some instances?

A recent post got me thinking are we close to the point where it makes financial sense to save rather than to pay down debt i.e., for some borrowers the return on savings (net of DIRT & PRSI) is greater than overpaying a fixed rate mortgage. There was a point in the past where this strategy...
www.askaboutmoney.com
 
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