How to do best with my mortgage and pay interest only?

In: Mortgage Payment

4 Oct 2010

I have 17 months left of my mortgage. I have about £ 6,000 left to pay on the refund and must find £ 10,000 at the end of the cycle, I’ll pay for my savings.
Is it better to pay more money in my refund (£ 6,000) or money if needed for £ 10,000?

I do not understand – if mortgage interest, you will never pay them back. Are you paying customer, as well? Can you get rid of that ugly and refinace mortgage? This is what I propose for the United States. Interest rates are very low right now.



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