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Date: Description: Debit: Credit: Balance:
16/03/09INTEREST CHARGED 3,409.65
16/03/09 (INCL. SURCHARGE-16/03/09INTEREST 0.00) 275,838.03 DR
27/03/09 LOAN REPAYMENT 1,453.45 274,384.58 DR
27/04/09 LOAN REPAYMENT 1,453.45 272,931.13 DR
27/05/09 LOAN REPAYMENT 1,453.45 271,477.68 DR
16/06/09 INTEREST CHARGED 3,628.09
16/06/09 (INCL. SURCHARGE-16/06/09INTEREST 0.00) 275,105.77
29/06/09 LOAN REPAYMENT 1,453.45 273,652.32 DR
Fixed rate mortgage (5.150% APR). The fixed rate will end next year. The mortgage is on a private prinicipal residence. The mortgage is a couple of years old. The interest repayments are increasing (3409.65, 3628.09). I though they should decrease. The mortgage rate is fixed??
Sorry about the font tried to fix it. but it keeps changing when I post it.
16/03/09INTEREST CHARGED 3,409.65
16/03/09 (INCL. SURCHARGE-16/03/09INTEREST 0.00) 275,838.03 DR
27/03/09 LOAN REPAYMENT 1,453.45 274,384.58 DR
27/04/09 LOAN REPAYMENT 1,453.45 272,931.13 DR
27/05/09 LOAN REPAYMENT 1,453.45 271,477.68 DR
16/06/09 INTEREST CHARGED 3,628.09
16/06/09 (INCL. SURCHARGE-16/06/09INTEREST 0.00) 275,105.77
29/06/09 LOAN REPAYMENT 1,453.45 273,652.32 DR
Fixed rate mortgage (5.150% APR). The fixed rate will end next year. The mortgage is on a private prinicipal residence. The mortgage is a couple of years old. The interest repayments are increasing (3409.65, 3628.09). I though they should decrease. The mortgage rate is fixed??
Sorry about the font tried to fix it. but it keeps changing when I post it.
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