Jump to content
House Price Crash Forum

confused dot com

New Members
  • Posts

    1
  • Joined

  • Last visited

About confused dot com

  • Rank
    Newbie
    Newbie
  1. I have this method to tackle the mortgage war.........i have gone gureilla pay an interest only mortgage of e.g. 3% and then put the possible repayment portion into an ISA e.g. 3.5%........in the long run ,rather than pay off the principle of the mortgage I could put the money away and make a profit of 0.5% and not only that if we run into a bad reccession then you have a money store which can be used to pay your mortgage payments and hold onto your house or you can say bugger this and make off with the money you saved and leave the keys with the bank??? everyone insists i am wrong and only a repayment mortage is smarter......what do you guys think?
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.