Does anyone overpay on their mortgage?
Sep 8, 2008 | 10:34 PM
Joined: Feb 2004
Posts: 11,583
Likes: 4
Suresh......where do you live then
I pay off my mortgage at the grand old age of 62...no chance of overpayment then LOL
Shaun
Sep 8, 2008 | 10:39 PM
Joined: Jan 2000
Posts: 4,625
Likes: 4
Quote:
Originally Posted by
Midlife......
Suresh......where do you live then
I pay off my mortgage at the grand old age of 62...no chance of overpayment then LOL
Shaun
Deepest, darkest Holland mate. I'll be 62 when my projections expire. Overpaying doesn't make financial sense for me at the moment.
Sep 8, 2008 | 11:02 PM
Joined: Feb 2002
Posts: 6,645
Likes: 0
From: UK
My UK Mortgage is paid off when I'm 51
My US Mortgage is another 13 years after that so 64
Good job the US mortgage is 1/4 size of UK mortgage
Sep 8, 2008 | 11:32 PM
Joined: Jun 2006
Posts: 14,333
Likes: 0
From: Slowly rebuilding the kit of bits into a car...
I'm (very) old and my debt is small, but I pity you young'uns....
DunxC
P.S. will a 25% cut in value over the next two years help you ?
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