Any Benefit to Keeping Spanish Mortgage?

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This topic contains 2 replies, has 3 voices, and was last updated by Profile photo of James White James White 9 months ago.

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  • #189903
    Profile photo of Gail
    Gail
    Participant

    We are non residents with a Spanish Mortgage with very little remaining on it and paying barely any interest. Is there any benefit to be had from letting it run to it’s natural end (about a year) or better to pay it off now?

  • #189911
    Profile photo of marios
    marios
    Participant

    I wouldn’t think it makes any difference, just be careful there is no charge for paying off early.

  • #189931
    Profile photo of James White
    James White
    Participant

    Yes. I agree with the @marios.

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