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How much interest do you pay on your mortgage per day?

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  • oh god... £28 per day!!!!
    Mortgage Debt Jan 09: £162,024
    Overpayment to Date (started Jan 09): £1,000
    Original/New End Date: April 2038/October 2037
    Money Saved: £4,667
    :beer:
  • eeekkk

    Sat here with my mortgage statement calculating all those horrid details and worked it out as just under £22 per day in interest alone.

    In a high pitched voice I turn to my other half "£22 a day just in interest argghhh that's almost a pound an hour"

    Response back "guess we best stay up longer and enjoy it then"

    Gotta love him :D


    Every little bit helps - said the lil boy peeing in the sea :p
  • Just got my January statement....

    Interest is now down to 2.2p per day!!!!:T

    the advantage of an offset mortgage :cool:
    I am NOT a Woman! - its Overland Landy (as in A Landrover that travels Overland):rolleyes:

    Better to be approximately right than precisely wrong.
  • phizzimum
    phizzimum Posts: 1,712 Forumite
    Part of the Furniture Combo Breaker
    Just got my January statement....

    Interest is now down to 2.2p per day!!!!:T

    the advantage of an offset mortgage :cool:

    wow! I love offsets too!

    got mortgage statement in post today and our daily interest in January was £3.61. Thats about £10 less than a year ago!
    weaving through the chaos...
  • Just got my January statement....

    Interest is now down to 2.2p per day!!!!:T

    the advantage of an offset mortgage :cool:

    That's great. You must be saving almost 15p per day ;)

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • That's great. You must be saving almost 15p per day ;)

    GG


    plus the tax saving as well remember;)
    I am NOT a Woman! - its Overland Landy (as in A Landrover that travels Overland):rolleyes:

    Better to be approximately right than precisely wrong.
  • Ours is now down to £1 a day. Next month it will fall to about 66p.
  • MFdream
    MFdream Posts: 23 Forumite
    In Feb 08 interest was 11.79 /day. Now it's 2.84 /day. It will be lower next month with boe rate fall to 1%
    :o 2009 MFW No 275
    Mortgage started Jan 2006/ 95,000
    Current in May 2009/ 37,947
    MF Target before Sep 2010:rolleyes:
  • I am now paying £ 1.09 per day interest, it will fall again next month. In January 2008 when I took the mortgage out ot was £ 8.97, not a bad drop in 14 months.

    hugh :j
    Mortgage :- Jan 2008 £56000, August 2012 £ 0
    Target :- 1 Apr 2010 £20000... ACHIEVED
    Whiskey bottle £279 banked. Mortgage Pikachu £2 + 50p £1920 banked
    Mortgage Free In Three No. 113
    Mortgage free date, 30 July 2012 :j:beer:
  • swiftnick
    swiftnick Posts: 199 Forumite
    Mine is working out at about £11.00 a day :cry:

    Currently trying my hardest to address this.

    Nick :D
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