Daily Interest Mortgage
With a daily interest mortgage, every payment made reduces your mortgage balance the next day. Interest will then be calculated on this reduced balance for the rest of the month which means you pay less in the long run.
By overpaying it is possible to save even more money because your balance reduces the next day which means that not only is less interest charged, but the term of your mortgage could be reduced.
- Telephone: 01443 209 436
- Fax: 01443 841 723
- Address: Suite 7, Greenword Drive, Llantwit Fardre, Nr. Cardiff, CF38 2LJ
- info@mortagefinancial.co.uk
