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  • FIRST POST
    • aayush
    • By aayush 13th Jan 18, 1:50 PM
    • 700Posts
    • 24Thanks
    aayush
    Mortgage Of 22K
    • #1
    • 13th Jan 18, 1:50 PM
    Mortgage Of 22K 13th Jan 18 at 1:50 PM
    I have the above amount and am on variable rate of 3.89 I need to ask what would I pay in total as have 15 years left on the mortgage

    another point I had a meeting and re-rate switch and was offer 1.73 for 2 fixed but the amount I will pay is around & 7k more

    I need to ask why is there a difference as have 22 k left but will need to pay 29 after 2 years even though have 15 years left on the mortgage

    Sorry to trouble you
Page 1
    • silvercar
    • By silvercar 13th Jan 18, 2:02 PM
    • 37,310 Posts
    • 157,171 Thanks
    silvercar
    • #2
    • 13th Jan 18, 2:02 PM
    • #2
    • 13th Jan 18, 2:02 PM
    I have the above amount and am on variable rate of 3.89 I need to ask what would I pay in total as have 15 years left on the mortgage
    You can work this out yourself. Assuming interest rates don't change it would by your monthly payment times 15 times 12.

    another point I had a meeting and re-rate switch and was offer 1.73 for 2 fixed but the amount I will pay is around & 7k more
    7k more than your current deal or 7k more than 22k?
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