Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mortgage interest

  • 19-06-2018 7:52pm
    #1
    dar100
    Registered Users, Registered Users 2 Posts: 1,735 ✭✭✭


    Any reason why a fixed term mortgage interest would be slightly higher this quarter as oppose to previous months? Only 20 add euro, but still . AIB quarterly interest came in today and I just noticed it's higher than has been in 6 months or so, one would assume it should be going down


Comments

  • #2
    Yourmama
    Registered Users, Registered Users 2 Posts: 205 ✭✭Yourmama


    Previous months were shorter, I.e. February. Interest is calculated daily and quarter length vary between 90 - 92 days


  • #3
    Mike3549
    Registered Users, Registered Users 2 Posts: 1,084 ✭✭✭Mike3549


    dar100 wrote: »
    Any reason why a fixed term mortgage interest would be slightly higher this quarter as oppose to previous months? Only 20 add euro, but still . AIB quarterly interest came in today and I just noticed it's higher than has been in 6 months or so, one would assume it should be going down

    Im on variable but i always get quarter interest in june higher than other months.
    We closed in june and i always thought that has something to do with it.


  • #4
    pasquale83
    Registered Users, Registered Users 2 Posts: 477 ✭✭pasquale83


    I made regular over payments and I was surprised that this month when I got my quarterly interested debited they where of the same amount as last quarter. I was expecting them to get lower and lower across the year if I keep making over payments. is that correct? do you think the 2 days more of Q2 compensate for the decrease due to over payments?


Advertisement