Halifax Mortgage

52 Posts
Hi,
I am on Halifax SVR, have been for a few years but I'm only just finding myself in a position to start overpaying :T.
I am using the spreadsheet to track payments but find the balance of my mortgage fluctuates so I have to keep adjusting the starting balance to make the current month balance tally up with what is on the internet banking site.
Anyone know why this is? My balance has gone up by a couple of hundred pound from yesterday. Is it the way or times that the interest is calculated?
My monthly payments were £939. I called halifax and asked them to round it up to £1000. I am making regular payments on top of this through the month using internet banking.
regards,
Hyp
I am on Halifax SVR, have been for a few years but I'm only just finding myself in a position to start overpaying :T.
I am using the spreadsheet to track payments but find the balance of my mortgage fluctuates so I have to keep adjusting the starting balance to make the current month balance tally up with what is on the internet banking site.
Anyone know why this is? My balance has gone up by a couple of hundred pound from yesterday. Is it the way or times that the interest is calculated?
My monthly payments were £939. I called halifax and asked them to round it up to £1000. I am making regular payments on top of this through the month using internet banking.
regards,
Hyp
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i like this easy daily calc
www .bllaw.co.uk / services for business / insolvency and recovery / simple interest calculator . aspx
i cant post links doh
hope it helps
really? cool... it is rubbish at the mo