O. Its.

from the headquarters of Ramsay Solutions, broadcasting from the pods, moving and storage studio,

it's the Ramsay Show, where America hangs out and has a conversation about your life and your

money. I'm George Campbell, Ramsay Personality, join this hour, bye my colleague, Christina Ellis,

and we are here for you, America, taking your calls about life and money.

Triple 8, 825-5225. Let's get to the phones, Elizabeth is in Toronto, Canada.

All right Elizabeth, how you doing? Hi George, hi Christina, I enjoy watching the both of you

great dynamics on YouTube. Oh thank you. Congratulations. What an honor to talk with you.

How can we help today? Thank you. So I'm calling because I have my question is around should I pay

off my heat lock or should I pay off my mortgage? And the reason being is that my mortgage is 119,000,

paying 7%, I did not, it came due in December 1 of last year and I decided not to renew it until

I figured out what I'm going to do with it. So right now I'm paying $2,023, that includes

some mortgage insurance. Whereas the heat lock is $7,500 on dollars, I have the money to pay off the

heat lock except that if I pay off it's locked in, it's a variable rate locked in over five years,

I've already done a half into that and I'm thinking if I had to break it it's going to cost me to

pay it off, it's going to cost me about $1,500,000, so I'm thinking if I put, I know you guys say

consumers that get rid of it particularly the heat lock but I'm thinking if I and I'm paying

right now $772 per month on the heat lock, I double the payment for to deal with the inflation

but with the, sorry the mortgage, what I'm thinking I'm paying $2,023 and if I were to

pay down $77,000 on that $1,19 obviously would be less and I'll trade up some more money

faster to pay down the mortgage this year and then I could focus on throwing all of the extra

money as well as the money once I pay off the mortgage towards the heat lock. So how much money do

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