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Santander overpayment help!
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littlemiss1986_2
Posts: 42 Forumite
Hello again,
you were all so helpful last time, I really need to pick your brains again! Made the first overpayment to Santander last month (£500). Received a letter a dew days later acknowledging it as a capital repayment. Received a letter this morning with the new terms (I asked for the term to be reduced as opposed to the monthly repayments) and it says this:
your loan balance : £133,934.10
overpayments : -£0.70
total : £133,933.40
confused?! What is the -0.70? shouldn't that say 500? I have tried ringing them but they are shut...
Help please!
Xx
you were all so helpful last time, I really need to pick your brains again! Made the first overpayment to Santander last month (£500). Received a letter a dew days later acknowledging it as a capital repayment. Received a letter this morning with the new terms (I asked for the term to be reduced as opposed to the monthly repayments) and it says this:
your loan balance : £133,934.10
overpayments : -£0.70
total : £133,933.40
confused?! What is the -0.70? shouldn't that say 500? I have tried ringing them but they are shut...
Help please!
Xx
0
Comments
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You may have already paid the interest on your mortgage account this month with the £500 so when you make your normal mortgage payment the whole lot will come off the balance!!
Just give them a call on monday0
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