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Endowment Mortgage Shortfall

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4.	Mortgage guide as an ISA, pension plan or endowment policy. The idea is that thegrow over the duration of the mortgage to a large enough sum to paybe possible to pay off the mortgage at the end of the term. Endowment ISA Plan Pension Endowment The most common type of interest only mortgage which also provides life assuranceare sufficient to pay off the mortgage. These have been much criticisedmight find themselves with a shortfall when it comes to paying off their mortgage. Note: there is no guarantee that, when the endowment matures and 'pays out', the http://www.tiscali.co.uk/money/mortgages/guide/guide3.html
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