Z Zane99 Registered User Messages 24 2 Feb 2017 #1 How do I work out the penalty to leave a fixed rate?. Reason I ask is I might need to take a payment holiday as my wife is taking parental leave and I don't think I can ask for a break on a fixed rate
How do I work out the penalty to leave a fixed rate?. Reason I ask is I might need to take a payment holiday as my wife is taking parental leave and I don't think I can ask for a break on a fixed rate
M Monbretia Registered User Messages 2,642 2 Feb 2017 #1 Check your loan offer, it may give the formula there, if not then only option is to ring bank and ask them for the penalty amount. i wouldn't totally take it for granted that you can't have a payment break on the fixed rate either.
Check your loan offer, it may give the formula there, if not then only option is to ring bank and ask them for the penalty amount. i wouldn't totally take it for granted that you can't have a payment break on the fixed rate either.