@spacct2 OP is assuming interest rates stay high for full 10 years, and mortgage rates don't pump to 8 to 9%, if he isn't fixed for term of the mortgage,
doesn't make my information any less valid, i showed it could be done, and showed yes the savings are nice but it keeps you locked in the mindset of continuing being a debt slave,
especially more important now looking at what the £ dropping versus the interest rate on mortgages did, scary times, some people have to find an extra £400 per month on their new mortgage,
the relief from paying it off completely is far higher than a small amount of savings, you can pay it off and then worry about savings,
and not paying a monthly mortgage will allow your savings to add up so much faster,
people should use it as a life lesson,
the ones who can remove their manacle of all debts should do that and become free,
especially if interest rates go to 6% by next June,
we need to get our heads out of short term just pay the minimum, keep our heads down don't rock the boat,
not save for the future because life got in the way, paying for a worthless degree for the rest of their lives,
we aren't taught about money at school for a reason, we are however trained to be a good employee that doesn't question the system,
the system wants us turned against each other not seeing what is happening,
the biggest wealth transfer in history.