I have €20,000 as a result of a recent sale. My mortgage has €20,000 left on it - paying €278 (fixed) per month with 6 years left.
My question is - would I be better to clear this mortgage and save the €278 per month or invest the €20,000/put in a high interest a/c for the next 5 years?
Any advice appreciated.
My question is - would I be better to clear this mortgage and save the €278 per month or invest the €20,000/put in a high interest a/c for the next 5 years?
Any advice appreciated.