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How much interest do you pay on your mortgage per day?
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11.42 but as of next month 7.02 due to coming off fixed rate2014 = New Year, New Me0
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68p a day for us.
Started off at 7.99 a day 3 years ago but since then we have started overpaying by 267 pounds a month + any shares that we have are sold to pay off lump sums
we have benifited from being on a tracked that was taken out at just the right time started off paying 6.79% then 2 months later interest rates started to fall + we now pay 1.5%.
We have 8 years left on our mortgage but are aiming to pay it off in 3,just in time for my 40th birthday :jMfit member no 13 original balance £44000 :mad:
current Mortgage balance 13537:T0 -
Just found this thread whilst reading someones diary so thought i'd add mine - daily interest is currently £5.94. Comes down by about 6p a month with each monthly OP.#39 - Save £12k in 20250
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£9.58p
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7.79 if i worked it out correctly0
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LilacPixie wrote: »£9.25 per day give or take a few pennys.LilacPixie wrote: »I posted this on 04-08-2008
As 31-08-2010 daily interest was £4.74
Now its back up at £21.07 :eek::eek::eek:MF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/20000 -
£8.84 a day NOW but as from the 20 April we're going onto a 3 year fix so it will be more like £18 a day!! EEEk!!
Nothing like an incentive to make more overpayments!!
Loopy x0 -
Was £35.28 in April 2009, now £16.68 per day :j
Move to variable rate and £50K off the mortgage:beer:Mortgage Free Date
[STRIKE]Original: Jun 2041[/STRIKE], Current:Nov 2022, Target: Oct 2020
Debts
[STRIKE]2010/02 £14,500[/STRIKE], 2011/02 £13,000, Target 2012/01 £0K
11k in 2011 challenge #32 4.8%0 -
22/day roughly but decreasing daily!!0
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£1.79 per day I find it easy to see if log in to online account 2 days running.mortgage free 3/10/12:)0
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