SwingsitlikeHogan
Major Champion
Note that I said that I knew we wouldn’t be paying it until I was 70 - I would pay off what remained at 65 in one lump sum. Extending the term of the loan by 5 yrs was simply a way of very significantly reducing our monthly payments so that we could afford putting our children through uni.
As it happens we were able to pay off our mortgage in full a couple of years back (events). But certainly, that we extended our mortgage term as we did, knowing what we knew, also enabled me to keep club membership.
