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!
Four Weekly Mortgage Payments

Treadmill
Posts: 1,102 Forumite
Are there any lenders who allow a mortgage to be paid four weekly rather than monthly ?
I am four weekly paid, and while not having to pay my mortgage on one pay day a year is nice I sometimes think I would benefit from a lower payment every four weeks, and of course if interest was charged daily I would save a little bit.
I know it's unlikely but just thought I would ask.
I am four weekly paid, and while not having to pay my mortgage on one pay day a year is nice I sometimes think I would benefit from a lower payment every four weeks, and of course if interest was charged daily I would save a little bit.
I know it's unlikely but just thought I would ask.
0
Comments
-
None that i know off but you might want to take a look at offset mortgages?
There are a couple on the market - positives = you stop paying interest on that portion of the loan when pay hits your account, negatives = you can get lower fixed/tracker rates.
You need to do the sums to see if its worth doing i suppose.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards