Hi All,
My tracker mortgage is soon to reach the end of its discount period. I've never been happy with advice given by advisors so I am considering choosing a new deal myself. I have looked at several web sites recommended on this forum, but it is still unclear to me how to pick the best deal since I always move to a new mortgage as soon as the discount period is over.
TIA, Mark
TIA? You can't even be bothered to ask the question!
With your level of apathy I would recommend using a pin.
Incorrect. I just clicked the send button too soon.
The question was: "How can I compare mortgages with different discount periods?" I have no intention of keeping any mortgage on a SVR.
It's nothing to do with apathy, just lack of perfection.
Mark
In message , Mark writes
Set up a spreadsheet showing the monthly payments and compare total costs at the end of various periods is the way I would do it.
Given there's no perfect way this may be the best. Obviously, the shorter discount periods would give you more flexibility even if the costs were higher at a certain period after the discount period ends.
Have something to add? Share your thoughts — no account required.
Ask the community — no account required