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| Mortgages Mortgages lending and lendors - your mortgage experiences, questions, and discussion. |
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We had a thirty year mortgage. And we refianced once to smaller interest rates. It worked out good for us. Now it is paid off, and it feels great. So I think if your interest rates are real high you should look into refianacing.
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we originally took out a 25 years mortgage, when we remortgaged after our 5 years fixed rate ran out we used the calculators and worked out we could reduce the rest of the mortgage from 20 years to 14 years with extra repayments.
Now we have 14 years left with a 3 years fixed deal and if we do this two more times we can hopefully have our mortgage gone in 6/7 years then hopefully be debt free ![]() |
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