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| Name | Is it Better to Overpay or Reduce your Mortgage Term? | Boon Brokers |
| Video Uploader | Video From Boon Brokers |
| Upload Date | This Video Uploaded At 12-07-2024 14:16:17 |
| Video Discription | A mortgage is usually the biggest financial outlay you will commit to, so it is important to understand how to keep the total loan repayment to a minimum. As your financial circumstances change, you may be able to overpay on your mortgage or reduce the term. Both overpaying and reducing the mortgage term can help you to save a considerable amount of money. In this video, we review the pros and cons of the two options to help you to decide which is the right choice for you. You can also read our blog on the topic: https://boonbrokers.co.uk/reduce-term-or-overpay/ TIMESTAMPS: 00:10 - What is overpaying your mortgage? 00:56 - What is reducing your mortgage term? 01:28 - What is the difference between overpaying and reducing the term? 02:38 - Should I pick to overpay or to reduce my term? #MortgageTips #MortgageAdvice #FinancialEducation N7DYLg_WUSM |
| Category | Education |
| Tags | is it better to overpay mortgage or save | is it better to reduce mortgage term or monthly payments | is it better to overpay or reduce term | does overpaying mortgage reduce term or monthly payments | better to overpay mortgage or invest | is it better to overpay on mortgage | better to overpay mortgage or reduce term | does overpaying your mortgage make a difference | is it best to overpay mortgage or reduce term | is it best to reduce mortgage term or overpay |
