QLagoon - Health, wealth and happiness

Mortgages are unlike any other loan that you may have taken out.

Personal loans and credit card debts usually pay for items which either depreciate in value (e.g. consumer goods) or have no long term value at all (e.g holidays, entertainment, fashion items etc).

On the other hand your mortgage allowed you to buy a house not only to live in but which has also appreciated greatly in value over your lifetime.

Your property, together with your pension, are by far your most important assets as you enter the de-accumulation phase of your life. Mortgages don’t have to be a burden to be “got rid of” at the earliest opportunity. It just depends on what your future goals are and how the right mortgage can be made to work for you to meet these goals.

Just go back and browse through the Mortgage sections to see how your mortgage can work for you.