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Change mortgage payment date
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crysta1010
Posts: 123 Forumite
I want to change my mortgage payment from the 15th of each month to the 30th but was told that i would be charged an extra £144.00 interest because of this.
Do I have to pay this upfront or is it added onto my remaining mortgage amount?
My husband made the call and didn't think to ask cos the lady on the phone was foreign and he couldn't wait to get off the line to her.
Any advice would be welcome.......
Do I have to pay this upfront or is it added onto my remaining mortgage amount?

My husband made the call and didn't think to ask cos the lady on the phone was foreign and he couldn't wait to get off the line to her.
Any advice would be welcome.......
0
Comments
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Unless you're paying 2 payments in same month, ie, 15th & 30th July, then when you pay your next payment, you will be covering the interest from say, 15th july - 30th august, therefore an extra 15 days interest will apply, which should be added onto your amended payment.
Your payments after that should go back to your original amount.
HTH0 -
the other way to do it if you have the money is to pay 2 weeks in advance rather that two weeks in arrears0
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ginger_nuts wrote: »the other way to do it if you have the money is to pay 2 weeks in advance rather that two weeks in arrears
I paid my mortgage on 15th June but my husband is now on monthly salary which won't be until 30th July0 -
crysta1010 wrote: »
Any advice would be welcome.......
Do you need advice about the mortgage interest or about how to deal with your husbands biggotry?Number 86 - Stole a car from a one legged woman... I'm just trying to be a better person0
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