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I think he genuinely thinks it would be best based on our salaries. But while we have been easily paying the mortgage, we've also not really been saving. Things like paying for a lease extension and a big upcoming holiday out of pocket and some recurring medical expenses mean we have less left over every month than he might expect.
He's coming to see us later in the month to lay out all the options but i was just wondering if anyone here had experience Vs fixed.
stevo_com
What's your advisor's rationale for promoting the offset mortgage? Higher commission?
For me, it's easier to keep savings and mortgage separate, but for those more disciplined people, offset could work.