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Paying off mortgage
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Paying off mortgage

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Bazsm

Original Poster:

92 posts

10 months

[report]
[news]
Tuesday 23rd April
quotequote all
I’m in a position to pay off my mortgage early, I think I recall hearing it’s better to keep a small amount owing than pay off in full. Is this or was it ever a thing?

Bazsm

Original Poster:

92 posts

10 months

[report]
[news]
Wednesday 24th April
quotequote all
Thanks for all the replies, I guess I’ll pay it off in full - I’ve just turned 60 so paying off the mortgage isn’t that much of an achievement!

We use credit cards for holidays etc (and pay them off immediately) so hopefully our credit ratings should stay fine.
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