Jump to content


Mortgage interest?


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 2469 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hello

 

Does anyone know how mortgage interest is calculated on a repayment capital and interest loan. I assumed that each monthly payment included an amount of capital and an interest charge which stopped interest accruing over the year. I find out my monthly mortgage interest did not cover the full interest so, it continued to accrue monthly interest and I believe it was then added to the balance at year end. Seems like a con to me to get more interest out of us??

 

Im speaking with a journalist about this as the mortgage company tried stitching me up with a final repayment charge of £195 that wasn't included in my mortgage offer.

 

Thanks

PW

An appeaser is one who feeds a crocodile, hoping it will eat him last. <br />

Winston Churchill

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...