We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Mortgage Redemption Question
davisaj22
Posts: 27 Forumite
Hi all,
I’ve confused myself over a mortgage redemption statement. We will redeem the mortgage on 22nd January. I’m after some help.
Received a redemption statement on December 30th from NatWest. Redemption amount is £301976.23 if paid on 22/01/21. It states that it does not include any payment I am due to make between 30/12/20
and 22/01/20. Amount was what I was expecting.
Requested an updated statement today after paying my regular £1037 monthly mortgage payment which goes out on 1st. The redemption figure if mortgage is redeemed on 22/01/21 on the statement issued today is £301,964. Just £10 less than before paying my monthly direct debit.
Does that sound correct?
thank you!!
I’ve confused myself over a mortgage redemption statement. We will redeem the mortgage on 22nd January. I’m after some help.
Received a redemption statement on December 30th from NatWest. Redemption amount is £301976.23 if paid on 22/01/21. It states that it does not include any payment I am due to make between 30/12/20
and 22/01/20. Amount was what I was expecting.
Requested an updated statement today after paying my regular £1037 monthly mortgage payment which goes out on 1st. The redemption figure if mortgage is redeemed on 22/01/21 on the statement issued today is £301,964. Just £10 less than before paying my monthly direct debit.
Does that sound correct?
thank you!!
0
Comments
-
Interest for December will have been added and charged to your mortgage account.
On the 22nd January there'll be a further charge of interest.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards