Aideen Finnegan

You have come to the right place if you're wondering what's the best way to pay down your mortgage as fast and as painlessly as possible.

If one was to gamify the process, how do you win at mortgages?

I'm Aideen Finnegan and this is Better With Money from the Irish Times.

I'm joined today by financial planner and managing director of D&G Financial Services, Cian Carolyn.

Hi, Cian.

Now, lest anyone forget, this episode is for information purposes only and does not constitute financial advice.

How could it?

Because everyone's situation is different, particularly when it comes to mortgages.

Isn't that right?

Just before we continue, I should say for anyone listening today, we are concentrating on mortgage holders.

Trying to get on the property ladder is a whole different ballgame.

And we did a very detailed episode on that back in series one, which I will leave a link to in the show notes.

Now, Cian, we've been going very hard on investing lately on Better With Money.

And a question that has come in again and again is, should I overpay my mortgage or should I take that extra few hundred euro and invest it every month instead?

Now, over the last decade... Can we just clarify for anyone listening what they are?

Is it?

Well I suppose the way things are it's actually it's hard to find extra money to do that so maybe that's not so surprising.

So that's the structure then.

So when you're talking about overpaying, how you do it, what are the different ways depending on which one you've chosen?

What if it's not a lump sum?