Comment on Ask HN: Hacker Finances? / How much do you save each month?parentComments−blibble14yin the UK offset mortgages are one solution to this problem: say you have a mortgage of £200k remaining, and £50k in a linked instant access savings account, then you only pay interest on £150k (no tax to pay on that effective interest either).
Comments
in the UK offset mortgages are one solution to this problem: say you have a mortgage of £200k remaining, and £50k in a linked instant access savings account, then you only pay interest on £150k (no tax to pay on that effective interest either).