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What would you do? Mortgage free or big house?

26 replies

Rainbowstr · 12/11/2023 21:28

Hi Mums. We currently have a big 4 bedroom home, the 4th bedroom is never used - we have 2 kids. We are thinking of down sizing to a 3 bedroom home, in a different area (not quite as nice), but this would mean we would be mortgage free with a bit of $$ in the bank. The kids can attend the same school. Pros and cons? Has anyone done this? thanks.

OP posts:
TallulahBetty · 13/11/2023 09:53

Depends how big your mortgage is and how long left.

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