New Posts For Thread: Using money in ISA to pay mortgagehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgageIf you guys had 10k in a stocks and shares ISA which was rising slowly would you cash it in and use it to overpay on your mortgage? paying 6% unfortunately on the 22k I have left to pay on it. Pretty sure I ll be going to uni in Sept hence wanting towell assuming ftse rises to 6500 points by this time next yr (poss wishful thinking) my ISA will be worth £1250 more I doubt I d pay that in interest over the same period on my mortgage but this is just ifs and buts and my opinion.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgage?post_id=430913782#430913782well assuming ftse rises to 6500 points by this time next yr (poss wishful thinking) my ISA will be worth £1250 more I doubt I d pay that in interest over the same period on my mortgage but this is just ifs and buts and my opinion.Sun, 25 Apr 2010 06:31:39 -0500Use one of the many online mortgage calculators to 'crunch' the numbers.http://www.online-calculators.co.uk/interest/loanrepayment.phphttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgage?post_id=430913778#430913778Use one of the many online mortgage calculators to 'crunch' the numbers.http://www.online-calculators.co.uk/interest/loanrepayment.phpSun, 25 Apr 2010 06:29:22 -0500have to make some assumptionshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgage?post_id=430913774#430913774have to make some assumptionsSun, 25 Apr 2010 06:25:50 -0500Its with CIS which are sh1t I know. It ll go up over next few years but cant deciede hence asking other peoples opinion.How can I work out what interest I am paying each month? will drop to svr in oct 2012 so another28 months at least @ the 6%https://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgage?post_id=430913770#430913770Its with CIS which are sh1t I know. It ll go up over next few years but cant deciede hence asking other peoples opinion.How can I work out what interest I am paying each month? will drop to svr in oct 2012 so another28 months at least @ the 6%Sun, 25 Apr 2010 06:11:20 -0500It is a simple value equation as to whether you feel your ISA investment will return more than the APR you are paying on your mortgage.Also depends on your attitude to risk given your capital investment can go up as well as down.If you had a cash isahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgage?post_id=430913766#430913766It is a simple value equation as to whether you feel your ISA investment will return more than the APR you are paying on your mortgage.Also depends on your attitude to risk given your capital investment can go up as well as down.If you had a cash isaSun, 25 Apr 2010 05:48:58 -0500If you guys had 10k in a stocks and shares ISA which was rising slowly would you cash it in and use it to overpay on your mortgage? paying 6% unfortunately on the 22k I have left to pay on it. Pretty sure I ll be going to uni in Sept hence wanting tohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908382/using-money-in-isa-to-pay-mortgage?post_id=430913762#430913762If you guys had 10k in a stocks and shares ISA which was rising slowly would you cash it in and use it to overpay on your mortgage? paying 6% unfortunately on the 22k I have left to pay on it. Pretty sure I ll be going to uni in Sept hence wanting toSun, 25 Apr 2010 05:29:23 -0500