cologneboy
Registered User
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- 55
Hi there,
I have question in relation to the above titled letter I received from my lending institution earlier this week.
My wife and I started paying our FTB mortgage in January 2008. Our 'End of Year Advice' letter states a TRS rate of 20% and the yearly calculation actually sums up to a 20% application of the eligible interest.
I'm of the understanding that for the first two years of our mortgage we should have received a 25% TRS. The 20% does not make no sense at all to me.
Any suggestions why this might have happened and what best to do next?
Thanks,
cologneboy
I have question in relation to the above titled letter I received from my lending institution earlier this week.
My wife and I started paying our FTB mortgage in January 2008. Our 'End of Year Advice' letter states a TRS rate of 20% and the yearly calculation actually sums up to a 20% application of the eligible interest.
I'm of the understanding that for the first two years of our mortgage we should have received a 25% TRS. The 20% does not make no sense at all to me.
Any suggestions why this might have happened and what best to do next?
Thanks,
cologneboy