Mortgage on Credit Report

[Deleted User]

Hi all
This is my first time posting!
I am waiting for my mortgage to be added to my credit report and was wondering if anyone can tell me if the balance that will show will be the amount borrowed, amount borrowed with the interest for the fixed term period or the amount borrowed with the current interest rate for the duration of the agreed term (example 25 years at 1.94% even though this is the fixed term interest). 

Thank in advance. 

MovingForwards

It will show the current balance, but as each month passes it may not get updated as it depends on when the lenders report to the credit reference agencies. 

[Deleted User]

MovingForwards said:

It will show the current balance, but as each month passes it may not get updated as it depends on when the lenders report to the credit reference agencies. 

Thanks, so for example, if I borrowed 110k, 110k would show on my report and not the balance with interest? 

MWT

Your credit report shows the amount owed at the time it was updated, not the amount you have committed to pay over time.

MovingForwards

S_MABS said:

MovingForwards said:

It will show the current balance, but as each month passes it may not get updated as it depends on when the lenders report to the credit reference agencies. 

Thanks, so for example, if I borrowed 110k, 110k would show on my report and not the balance with interest? 

That's right, then in theory the following month or the next one after when you make a payment it reduces by whatever the capital element is of your monthly payment.