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radcliffe
Apprentice
Joined: 04 Jan 2005
Posts: 11
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 Posted: 12/29/07 - 09:21 Post subject: |
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| I was wondering, since my payment has increased, am I able to make a rate of my mortgage a bit higher? That is, can I change my mortgage payments in my advance and, if I can, how can I do that? It would be much better for me to be able to repay my mortgage in shorter time, now when I am able to cut a greater part of my salary for that purpose. |
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ximenes
Apprentice
Joined: 12 Aug 2005
Posts: 4
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| Posted: 01/28/08 - 04:43 Post subject: |
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| I believe that all you have to do is to get a remortgage and to make sure that in new contract there are conditions which responds to those you really want, now. It happens quite often to people to get shocked by a number of years they are obligated to pay for their mortgage, and only because they were not sure whether they will have good financial situation in several years from starting a mortgage. So, there is a solution, but it comes with certain compensation, I believe. Or you can just try overpaying your mortgage, that’s not a bad idea. |
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