Hi
I'm mid 40s, have €360k mortgage on PPR at 2%, house value €500k, 20 yr remaining.
Also have mortgage free btl worth €320k earning c9k pa after tax
Pay into DC pension up to tax deductible limit.
Now have €100k unallocated cash and not sure what to do with it. Not minded to overpay mortgage given low rate and want to maximise income earning assets i will have in 15 yrs time. Was looking at dilosk btl 3.95% 200k loan on 300k btl with accelerated payments I could have paid off in 15 yrs.
Think I have enough share exposure through pension investments
Thoughts?
I'm mid 40s, have €360k mortgage on PPR at 2%, house value €500k, 20 yr remaining.
Also have mortgage free btl worth €320k earning c9k pa after tax
Pay into DC pension up to tax deductible limit.
Now have €100k unallocated cash and not sure what to do with it. Not minded to overpay mortgage given low rate and want to maximise income earning assets i will have in 15 yrs time. Was looking at dilosk btl 3.95% 200k loan on 300k btl with accelerated payments I could have paid off in 15 yrs.
Think I have enough share exposure through pension investments
Thoughts?