I currently put in $ 150 per week extra into the mortgage.
Should I continue doing this or bank the $ 150 pw into a 7.6% savings account (such as ING) and make 1 or 2 lump sum payments per year into the mortgage?
There are online calculators for lump sum payments, but they only calculate one offs, not annual lump sum payments.
Thanks!
Please, bankers and finaciers advise only.
This video tutorial shows you how to use the free Connect Pro savings calculator - available on the Adobe Exchange.
Tool can be downloaded at www.remquote.com (Watch in
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