Thursday, 11 October 2012

RANDOM MONEY-SAVING TIP NUMBER 24

Overpay your mortgage!
It may seem impossible, but if you can overpay a little on your mortgage each month, it really will make a huge diffference in the long-term. 
Even just a £10 overpayment per month can shorten the life of your mortgage and save you thousands!
But on a £100,000 mortgage at 4% interest, just overpaying by £100 per month would shorten your mortgage by 6 years and save you £15647 in interest!

Catch up with all the Random Money-Saving Tips so far...

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