PCP v Mortgage Grumpy_Old_Duffer

Just taken another 3 year 6.7% PCP contract for c. £17k. Monthly payments are £280. Will probably do the same as my last 2 PCP contracts i.e. trade in for a new car after about 24-30 months.

We also have a One Account Mortgage at 3.85% which has about another 5 years to go (finishes on my 70th). We are paying (£150/month) more than we need to on the Mortgage (c.£15k) to reduce the term. I'm thinking of keeping our monthly payments the same and borrowing on the One Account to pay a lump off the PCP.

Does anyone have a view on this or does anyone of a Monthly Mortgage calculator to show a 'what if'?

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