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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To want to get rid of mortgage

29 replies

DollarDilemna · 30/03/2025 17:05

WWYD

We are struggling to cover bills. I work part time with two young children, DH works full time having started his own company.

I’ve recently received inheritance. I want to downsize and get rid of our mortgage, bills would be the same but closer to work and school.

DH wants to use the inheritance to pay the mortgage for a few years but stay where we are.

WWYD?

OP posts:
Leafy74 · 30/03/2025 21:09

Upstartled · 30/03/2025 20:45

🤷🏼‍♀️ plenty of women have a fuck off fund on mn, acknowledging the financial precariousness that comes when your economic power is clipped by dint of also being the default primary carer with young children. It's not something that I have ever needed but you never know which posters might need, or not realise, they can potentially ring fence and inheritance for themselves.

Fair point. Men should also divert family money into a secret fund too them. You never know what might happen!

ByQuaintAzureWasp · 30/03/2025 21:16

Why can't you pay off some of the mortgage instead and keep paying your monthly mortgage so it is paid off quicker

Upstartled · 30/03/2025 21:33

Leafy74 · 30/03/2025 21:09

Fair point. Men should also divert family money into a secret fund too them. You never know what might happen!

Yes, if they are the primary carer of small children and have reduced their hours to accommodate that role, and the one who would likely be doing the lion's share of caring in the future, then yes, perhaps they should.

Gosh, do you trail up and down MN, looking for potential offence, like a gender parity batman?

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