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Pay off mortgage

robby14
Posts: 3 Newbie

If I pay our mortgage off early, £44000 left according to my statements, asked the bank for a redemption figure they came back with £44000, so that means we don’t save any money on interest.
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Comments
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Well l expect that's because your interest I'd calculated daily based on the balance and usd added. The sum is the capital you owe.1
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