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!

I'm paying how much interest a year??!!

here_for_the_tips · 2025-01-10 16:26:27

Starting this to keep myself honest and on track. This is the year, well the first one of a few. I've always had the annual mortgage statement come in and put it away, little to no attention paid to it but not this time. If this was a credit card with this much interest per month I would be putting every spare penny…

Comments

here_for_the_tips Posts: 143 Forumite

2 December at 4:31PM

I needed the kick up the backside this year, had to see the numbers come down, convince myself that we could do this and still have a happy life.

Tracker, offset, fix or carry on as is, nothing is off the table for 2026.

MFWB 2025 #35: £11,150.81 / £10,000
Prolific 2025 £294.34 / £500
MFWB Diary
Mortgage 1 Jan 2025: £63,215.87
Mortgage 1 Feb 2025: £61,655.16
Mortgage 1 Mar 2025: £60,635.55
Mortgage 1 Apr 2025: £59,422.35
Mortgage 1 May 2025: £58,164.35
Mortgage 1 June 2025: £57,055.79
Mortgage 1 July 2025: £55,918.13
Mortgage 1 August 2025: £54,624.07
Mortgage 1 September 2025: £53,722.34
Mortgage 1 October 2025: £52,539.83
Mortgage 1 November 2025: £51,483.47
1