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mortgage
dexterwolf
Posts: 360 Forumite
I have a fixed rate mortgage for another two years. If at the end of two years I wanted another fixed rate would I be getting the mortgage against the amount left to pay ?. Probably a silly question but it is confusing. Also what is the current rate. I have tried to google but it throws up various figures.
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Comments
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You can get a higher amount than the balance outstanding if you can afford it or you can get a lower amount if you've managed to save something over the next two years and wish to use your savings to reduce your mortgage which would have incurred a penalty if you had used your savings to pay off the mortgage during the fixed term.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0 -
Google will throw up various figures because there are various figures.
Depends on your LTV, how long you fix for, who the lender is etc etc
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current rate of what?dexterwolf wrote: »Also what is the current rate.0
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