Hi guys.., I hoping my situation can be explained, I just got a bit of a shock when I checked our bank account...
Mortgage started in October 2003, topped up in November 2005
Monthly Payments 2,330, interest rate of 5.25% (nearly at the end of a fixed term)
In January, TRS was €306.87
In February TRS was €47.43
I understand that we're in year 8 from our original mortgage start, but I can't quite understand the huge drop. Have read the key post above but can't quite work out why we're down over €250 a month now.
Many thanks in advance for any guidance.
Mortgage started in October 2003, topped up in November 2005
Monthly Payments 2,330, interest rate of 5.25% (nearly at the end of a fixed term)
In January, TRS was €306.87
In February TRS was €47.43
I understand that we're in year 8 from our original mortgage start, but I can't quite understand the huge drop. Have read the key post above but can't quite work out why we're down over €250 a month now.
Many thanks in advance for any guidance.