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Help with understanding first mortgage statement
Chazolate
Posts: 167 Forumite
Hi,
I am completely new to having a mortgage and I have received the first mortgage statement. I have my mortgage statement then I have a statement for mortgage sub-account 99. I believe this relates to a small fee of £35.21 that was part of taking out the mortgage. My balance on this is currently £34.96 and it will cost me £36 to pay it with early repayment charges. I am paying interest of 4.89% on this small fee. Can/Should I just go into the bank and pay it off?
Chazolate
I am completely new to having a mortgage and I have received the first mortgage statement. I have my mortgage statement then I have a statement for mortgage sub-account 99. I believe this relates to a small fee of £35.21 that was part of taking out the mortgage. My balance on this is currently £34.96 and it will cost me £36 to pay it with early repayment charges. I am paying interest of 4.89% on this small fee. Can/Should I just go into the bank and pay it off?
Chazolate
M May11 55886.81
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