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Santander interest and online banking

TwentySomethingGirl
Posts: 201 Forumite


Hi
Does anyone know when Santander add mortgage interest to show on the online banking? I know it is calculated daily, but nothing has shown yet. Our last mortgage with Nationwide had the interest added to the online account every day. I assume Santander will add the amount at the end of the month and then deduct the payment at the beginning of the next month?
Thanks for any info
Does anyone know when Santander add mortgage interest to show on the online banking? I know it is calculated daily, but nothing has shown yet. Our last mortgage with Nationwide had the interest added to the online account every day. I assume Santander will add the amount at the end of the month and then deduct the payment at the beginning of the next month?
Thanks for any info
Mortgage £126746 DEC14 £122423.53 DEC15 £115041.70 DEC16 Remortgaged Sep17 to pay off HtB loan £150000 - £140500 JUL19 Moved house Oct19 £230000 £230400 DEC20
0
Comments
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On the monthly transactions it shows the amount of interest added and then the payment made each month. There is no daily adding of interest.
Hope that helps0
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