You are reading a single comment by @Dammit and its replies.
Click here to read the full conversation.
-
We have been paying double the requested amount for the last 8 years IIRC, and could increase that.
I’d in general like to reduce the number of changes of mortgage (and associated fees) as much as possible. I did look at what paying it off entirely in 5 years would mean, and it means a fair jump, but not impossible.
Dammit
Can you lower the effective interest rate by stretching the overall term, then overpaying to whatever level you are able?