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How much have you spent on mortage interest?
Gorgeous_George
Posts: 7,964 Forumite
I took an average rate from this site for each year since I first became a borrower and multiplied it by my average outstanding mortgage (all rough figures). Add them all up and since 1985 I've paid £94K in interest - or about £360 per month.
Well, I thought it was interesting.
GG
Well, I thought it was interesting.
GG
There are 10 types of people in this world. Those who understand binary and those that don't.
0
Comments
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Yes, great system innit - you give cash to the banks for the opportunity to make money out of your descendents (and for the banks to make another cut)...0
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aye...what is my interest rate 5%?
ace
so how come im paying back more then double?
surely thats an interest rate of 200%???0 -
Dead money.....poppy100
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