Payoff Mortgage early - yes or no?

Kilowen

New Member
Messages
1
I'm 4 years into a 15 yr mortage at 3%. (11 yrs remaining). (6 months remaining on current fixed term and quoted €275 to exit fixed term cntract).I have savings available which would enable me pay off the remaining €120 k approx with a bit left over for a rainy day. I have no other debts. Should I pay it off or should I do something else? I'd be nervous about investing. Paying off now would allow me save for my young family's future. Advice appreciated.
 

Brendan Burgess

Founder
Messages
41,035
Hi Kilowen

Your question can't be answered in isolation. You should fill in the following.


Brendan
 
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