Pay off Mortgage

cavanMan

Frequent Poster
Messages
98
In the light of what is happening in Italy which will make the Greek crisis look light a walk in the park for the Euro, would it be a good idea
to clear my debt?? approx 25k remaining.

thank you.
 

Laughahalla

Frequent Poster
Messages
133
It's always a good idea to clear your debt . If you don't have debt you can weather a crisis much easier than those with debt.

Advice from a couple of thousand years ago is still valid today.:)
The borrower is slave to the lender.Proverbs 22:7
The prudent see danger and take refuge, but the simple keep going and pay the penalty. Proverbs 22:3
 

xoxoxo

Frequent Poster
Messages
102
Have approx €55k left on a tracker mortgage. 0.65% rate. Could pay it off but earning slightly more in savings.
 
Top