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overpayments with RBS interest only mortgage
stacey_appleby27
Posts: 9 Forumite
Now I am more confused. I have just rang RBS and my balance on the 13th March was £111039.00, I have made my usual interest only payment of £372 and an addition overpayment of £1000 on the 1st April. My balance as of today 15th April is £110386.19? Should it not be £110039?
I have also asked how interest is calculated at its daily but applied monthly on the 9th?
Someone please help me :-(
I have also asked how interest is calculated at its daily but applied monthly on the 9th?
Someone please help me :-(
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