Pay off mortgage or leave money in savings?

Pay off mortgage or leave money in savings?

Author
Discussion

NickCQ

5,392 posts

96 months

Sunday 23rd October 2016
quotequote all
Is the bank option a 12 month deposit or an anytime withdrawal? The reason I ask is that your mortgage rate is fixed but the savings interest could (and might) go down over the period, skewing in favour of paying off the mortgage.