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ACCELERATED MORTGAGE PAYMENTS
oliel
Posts: 253 Forumite
Ive been seeing quite a lot lately about accelerated mortgage payments - my understanding is basically paying your mortgage weekly rather than monthly can save you a ton of interest over the term. Does anyone know if all banks allows this? In particular the Clydesdale who i'm with. Thanks
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Comments
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Do you get paid weekly ?
Can you afford to overpay every week or month ?
Have you got other debts0 -
I have other debts - my husband gets paid weekly i want wanting to overpay the mortgage just pay weekly as i read this will reduce the interest over the term as you are reducing the balance weekly rather than monthly?dimbo61 said:Do you get paid weekly ?
Can you afford to overpay every week or month ?
Have you got other debts
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