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

happilass

About £4.25/day, this is so motivating for getting rid. I know its not as big as some but they are all costing us so the sooner we get them paid off the better I say.
Happi

savvykaz

Interesting thought esthomizzy!

Just worked mine out and it's £4.75 per day - not too bad
Just done it for our Firstplus loan too and that's £5 per day

BertyUK

Hi,
This is my first post. My current daily interest is sadly 32-33 per day depending where in the month we are, this is due to me having a One Account.

Rob

ailuro2

About £1.56 a day..... :j

Malky

To OP, £35 per day is shockingly high :eek:

I'm paying £6.32 per day interest for now

Mudbath

Great thread. We're paying around £19.93 a day. That's like me working for free an hour a day - I don't like that thought so i've all the more reason to get that figure down!!!

needmoneyadvice

Thank you so much for doing this thread. It has really motivated me to try to reduce the mortgage. It was very depressing working out how much is paid in interest every day!

Thank you again.

SurfBowlSC

Thanks to the admin error made by someone at Natwest, and the delay in the remortgage going through - we've discovered that we pay £17.34 per day in interest.....

esthomizzy

Malky wrote: »

To OP, £35 per day is shockingly high :eek:

I'm paying £6.32 per day interest for now

I know still it is motivational to try and get it down as fast as possible.

LilacPixie

£9.25 per day give or take a few pennys.