How does overpaying interest only mortgage work?

Started by Zip Code, September 13, 2014, 11:21:19 AM

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muppet

Quote from: quit yo jibbajabba on September 13, 2014, 04:35:02 PM
thank christ fearon doesnt work in a financial institution of any sort  ;D

But he does clearly belong in some institution!
MWWSI 2017

T Fearon

Of course you can overpay your mortgage,but Zip Code specifically referred to overpaying "mortgage interest" which is a contradiction in terms.

Now who would sign up for a mortgage without understanding the terms and conditions,specifically the scope for overpayments,the limit of same and the penalties involved for exceeding these? Only Zip Code.

Zip Code

The title says - How does overpaying interest only mortgage work? But we all know you can't read.  ;)

Zip Code

Quote from: T Fearon on September 13, 2014, 06:59:06 PM
Of course you can overpay your mortgage,but Zip Code specifically referred to overpaying "mortgage interest" which is a contradiction in terms.

Quote exactly where I said that.

muppet

Quote from: Zip Code on September 13, 2014, 07:09:02 PM
Quote from: T Fearon on September 13, 2014, 06:59:06 PM
Of course you can overpay your mortgage,but Zip Code specifically referred to overpaying "mortgage interest" which is a contradiction in terms.

Quote exactly where I said that.

If 'only' Tony read before posting.
MWWSI 2017

T Fearon



Under Lights

Enjoying the beef between Zip Code and T Fearon- is there any other threads I can follow this rivalry.