WWYD - we are soon going to be in the fortunate position of being able to pay off our mortgage early. Currently in a 3 bed semi in a cheap area. Five of us in the house, so it feels a little cramped at times but we have good neighbours, nice garden, garage etc. Too far from DS1's secondary school for him to walk, but no public transport or school routes go our way so we drive him there/ to nearby main road.
I'd like to move to a 4 bed nearer the school, which would mean keeping our current mortgage payments (About £540 a month for the next 15 years) or possibly increasing them slightly, which would be financially manageable but would mean no holidays for the foreseeable future. DH would rather stay put, pay off the mortgage and have disposable income each month.
What would you do in this situation?
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Move somewhere bigger or pay off mortgage?
12 replies
SugarMiceInTheRain · 19/09/2016 10:37
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