The total mortgage debt of £237,000.
At 5.09% it would be £36,189 in interest over 3 years.
At 3.09% it will be £21,969 over 3 years.
This saved around £14,220 in interest payments over 3 years. Needless to say he is now very happy indeed.
If you’d like to discuss your mortgage requirements, no matter how complex you may think the situation is, get in touch and we can have a chat.
Director – Fifty Nine Financial Limited