We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
should I or shouldn't I ?
grumpyofwhitecross
Posts: 108 Forumite
My mortgage has 2 parts, one is a repayment and the other is an interest only loan. My question is , I may be in a position to pay off the interest only part, but will I have to pay an early settlement fee ? Any advice will be appreciated. Thanks in advance.:beer:
0
Comments
-
Unless Mytic Meg is logging on tonight, you won't find your answer here.will I have to pay an early settlement fee
Check you mortgage documents or give your lender a ring.
Every mortgage / mortgage product has different terms and conditions.0 -
I will do, but I thought I would ask first. Thanks.0
-
We would need to know your ERC,s charges , interest rate, mortgage amount owing on the IO part and the repayment part ETC0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards