I’m 38 and owe 280k on my mortgage, on a home valued around 520k.
I am recently single and ex DP’s contribution to dd (age 4) is 200 a month. He should pay more and I will have to go to cms.
Luckily, it’s my home and he had another that he rented out that he’s moved back to. But it means that I face big financial decisions alone. I am so daunted by the future.
I have 95k in savings and my mortgage term expires in a year. I don’t know what I should be doing, should I pay in the 80k now? I do overpay around 500 a month but I feel sick with the weight of the mortgage now I am alone.
I don’t know what is best or where to start financially, I have no family to support me with these decisions and feel uncomfortable taking to friends. Any advice would be so welcome