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

CompletelyLost

£35 a day, that's crazy :eek: This thread is a real eye opener. Now I understand why my parents waited until they were 31 before buying their first place, and paid it cash.

co123456

97p per day. It would be £6.07 if it were not for Stoozing. A saving of £1861.50 per year. I didn't realise it was that much!

StuartGMC

Offsetting so £1.77 per day vs. £3.93, giving effective interest rate about 3.1% so saving £788 per year on £22.2k capital outstanding

hughmungas1986

hughmungas1986 wrote: »

Currently we pay £ 6.15 per day.

hughmungas

In three months, its fallen to £ 5.93 !!!

hugh

plzhelpmesave!

hughmungas1986 wrote: »

In three months, its fallen to £ 5.93 !!!

hugh

wow hugh! how much r u overpaying by??

Shelly1977

Approximately £7.30 per day for me

JonathanA

Just worked ours out at a scary £27.96 per day in interest alone, or £42.75 per day if you include the capital element. We love our house - which we intend to stay in forever - but now I'm beginning to wonder....

james10999

LumpyCustard wrote: »

£4.02 per day

£17.43 a day - I thought my mortgage was good at 5.79%

ailuro2

Just over a pound a day - £35 a month, so two months away from less than a pound a day:j

m4ttro

I think I'd do a swap with most of you on here
ours is just under £45 / day