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Upside is emotional but also financial. I can’t think why it’d make sense for her to continue living here and having cash savings while I have a mortgage.
Given how long you've been together, I'd probably rephrase the question as.
My partner and I have a house and a pot of money.
Should we pay off more of the mortgage, keep it in cash or invest it elsewhere.I know that's somewhat ignoring the emotional side of being literally invested in the place but I guess the responses are more about the fact that having a lump of cash or easily accessible savings is very useful. Putting it into the house makes it much less flexible.
duncs
Sparky
It would preclude her from first-time buyer schemes, yeah. But hopefully we’ll stay together and live in this place. Upside is emotional but also financial. I can’t think why it’d make sense for her to continue living here and having cash savings while I have a mortgage.