Age: 40 Spouse’s/Partner's age: 39 Annual gross income from employment or profession: 130K Annual gross income of spouse: 30K Type of employment: Self Employed In general are you. b) saving Rough estimate of value of home: 250K Amount outstanding on your mortgage: 95K What interest rate are you paying 0.75% Other borrowings – car loans/personal loans etc: Company Car being paid for by my company 500/Month Do you pay off your full credit card balance each month? Yes If not, what is the balance on your credit card? Savings and investments: 300K Do you have a pension scheme? No Do you own any investment or other property? No Ages of children: 8, 6 Life insurance: Yes What specific question do you have or what issues are of concern to you? We need to up-size our current home and have a quote for 130K to do so and planning has been approved etc. Just waiting to pull the trigger for a start next month. We plan on using our savings to do this which will leave in savings approx. 150K - 160K. Im also tempted to pay off the mortgage in part or full. On the face of it, what we plan on doing is the obvious choice, wondering if there might be a better way of funding everything.