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How much interest do you pay on your mortgage per day?
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3.45 per day for me.Mfit member no 13 original balance £44000 :mad:
current Mortgage balance 13537:T0 -
Current month is £1.85/day, next month will be £1.81/day and continuing to fall.0
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£11.82 per day - how depressing, but at least it is coming down month on month.
FloxxieMortgage start September 2015 £90000 MFiT #060 -
oooooo currently £19.42 per day but thats at SVR starting on 1 July assuming the remortgage doesnt go through... will be about £15 once remortgage goes through... then the overpayments begin! Dunno about 3year challange but hoping to realistically get done in 12-14!0
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I get a monthly statement that shows the daily ballances of my offset accounts and the interest saved(so can work out the actual interest cost)
Most days it is ZERO.0 -
When the SMFs owed £250k, we had an interest rate of 4.054% at it's lowest (to die for:o) so the interest rate per day was about £25. Now we owe £147k - interest rate 5.5% and per day that's about ......£25:rotfl:0
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TighterThanTwoCoatsOfPain wrote: »
I pay about £7.50 a day. In fact, without the overpayments I would be hardly paying anything but interest offUpdating soon...0 -
£15.71 / day in interest0
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around £21 a day, boo hoo....Mortgage free 04/03/2025. Thanks to this site and lots of overpayments bit by bit.
Next stop: house repairs, holiday fund, replace our very old cars, more financial security/early retirement savings.🤞0 -
Worked out that our int is around £7.56 per day.Mortgage free in 2014 :beer:0
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