Paypal Question

Hi,

Firstly, apologies if this is a stupid question!

I was wondering if it's possible to overpay a mortgage via a paypal account? Or do you have to transfer the money to a bank account and overpay from there?
I've never had a paypal account, but will need to soon for bubblews and possibly swagbucks.
Old Mortgage: [STRIKE]2009:£78500 2010:£76951.71 2011:£74414.49 2012:£71961.35 2013:£67813.54 2014:£64375.16 Current: £55,480.27[/STRIKE]

New Mortgage: 2016: £92795 Current: £87999.99

Replies

  • Cariad71Cariad71 Forumite
    242 Posts
    Tenth Anniversary 100 Posts Combo Breaker
    Forumite
    Hi,
    You'd have to request payment is sent to your bank first then pay from bank account��
    Starting balance £173,000 (Sept 2012) interest only so if we do nothing We will owe this at the end of the term😁😁
    Balance as of Sept 2014 £165,803
    Balance as of Feb 2015 £163,360
    Balance end of July 2015 £159,050
    Balance as of Jan 2017.... £138,033:j
  • Cariad71 wrote: »
    Hi,
    You'd have to request payment is sent to your bank first then pay from bank account��

    Thanks Cariad71. Do you know if there are any paypal charges?
    Old Mortgage: [STRIKE]2009:£78500 2010:£76951.71 2011:£74414.49 2012:£71961.35 2013:£67813.54 2014:£64375.16 Current: £55,480.27[/STRIKE]

    New Mortgage: 2016: £92795 Current: £87999.99
  • CathTCathT Forumite
    7.1K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    There should be no charges to withdraw funds from PayPal into your bank account.
    Feb 2023 - part 1 - £40,464 part 2 - £27,583 Total - £68,047 57 months to go!
  • cb4fwhcb4fwh Forumite
    158 Posts
    Tenth Anniversary 100 Posts Combo Breaker
    Forumite
    But there are fees - these are removed at the point at which the money enters your Paypal account...
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