So have decided on a nationwide fixed rate 5 year mortgage. With a mortgage term of 20 years. This pushes our repayments almost £200 a month above the 35 year mortgage but the saving in interest and the captital cleared in the first 5 years out weighs that £200.
What about taking the 35yr option and overpaying? Have you run that calc?
What about taking the 35yr option and overpaying? Have you run that calc?