Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Quick One on Mortgage Payment Date
chowster
Posts: 86 Forumite
Hoping someone will be able to answer this query.
I currently pay my mortgage by direct debit on the 1st of each month. While I always do have enough money in the account to cover it, I was wondering how easy it would be to change the date I pay it to say the 2nd or 3rd of the month. Just incase my pay gets delayed and I don't have enough to cover it.
Will this add to the overall payment because im effectively extending the borrowing period albeit by a day?
Thanks
Chowster
I currently pay my mortgage by direct debit on the 1st of each month. While I always do have enough money in the account to cover it, I was wondering how easy it would be to change the date I pay it to say the 2nd or 3rd of the month. Just incase my pay gets delayed and I don't have enough to cover it.
Will this add to the overall payment because im effectively extending the borrowing period albeit by a day?
Thanks
Chowster
0
Comments
-
most are willing to adjust payment date- effect varies lender to lender- might mean end up paying 2 days interest on the payment amount each month
BUT ask, as might show on systems as late paymentAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards