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Just short of £25,000. Not quite enough to clear my mortgage which is a shame. Probably send Caterham a big cheque for this including some options on the car and spend the rest on a race suit, helmet etc.
 
You mean the value has gone up 25% in the past year? Unless you've cashed out you haven't actually "made" anything. Financial pet peeves...go!

You're right, the value has gone up, but I haven't cashed out yet. Why should I?
 
Take 25000 and put it to any swiss bank to be able to pay the university costs in two years, buy a giftcard for the iPhone 5, buy a lot of Music, and go to the Ibiza opening in may.
 
I'd probably just put it into the bank. I do not have anything that big for purchasing right now.
 
A new car. :)

To be more specific, this model:

2011 Hyundai Elantra (US market model)

2011_hyundai_elantra_f34_ns_111810_717.jpg
 
It wouldn't pay it off but it would reduce your monthly payments once refinanced by a crapload.

I already overpay by the max I can each month without incurring penalties. I've told my lender not to reduce my payments, rather reduce the term on the loan. I'm going to be mortgage free by the end of 2012 or very early 2013 at worst.
 
I already overpay by the max I can each month without incurring penalties. I've told my lender not to reduce my payments, rather reduce the term on the loan. I'm going to be mortgage free by the end of 2012 or very early 2013 at worst.

Did you make them cry, by holding their feet to the terms of the mortgage? ;)

I would gut my Condo (no mortgage :D), and refresh everything.
 
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