Jan 6, 2012

for interest only

i went to see the bank again today to find out more about my mortage. I have to pay too much each month. I am not on a good rate (3.75%) at the moment.

my current bank have offered me a better rate (3.15%) and will let me move to an interest only mortage - with the option to pay extra each month when i have a good month. so that is worth thinking about.

another bank has advertised a better deal (2.39%) which works out at £60 per month difference, i have an appointment with them next week to talk it over. it sounds a good deal but i would rather not have the hassle of changing banks.

lets decide next week

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