Just received my "letter"saying I'm affected and that I'm going back on tracker for my next payment.. delighted!!
Next step . How to calculate what I'm owed. Apologies I'm a bit useless when it comes to figures/maths
For example
2007 ecb was 3.75% and I was paying 5.65% (only slight diff i know)
but in 2012 ecb was .75% and I was paying 4%
Can some give me a quick method on how to calculate one year and I'll figure it out after that ( I hope)
My mortgage was €100k for 25 years
Next step . How to calculate what I'm owed. Apologies I'm a bit useless when it comes to figures/maths
For example
2007 ecb was 3.75% and I was paying 5.65% (only slight diff i know)
but in 2012 ecb was .75% and I was paying 4%
Can some give me a quick method on how to calculate one year and I'll figure it out after that ( I hope)
My mortgage was €100k for 25 years