
Woocfot asks: Tell us all about that turning point in your life when it started going downhill. Yeah, that drunken conversation with my dad when he suggested I become a civil servant. Dammit, I could have been an astronaut
( , Thu 28 Feb 2013, 11:32)
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For the last time, as if I had wanted to be a teacher, I would have been.
Rates at the time were 5%. My rate tracked .5% below that rate. This gives us a rate of 4.5% for my mortgage. Borrowing £375k at 4.5% pa works out at monthly payments of £1,400.00 - which then dropped to £0pcm within a year, as the base rate fell to .5%
You do the math.
G'night.
( , Thu 28 Feb 2013, 22:09, 1 reply)

You're a bit defensive here.
( , Fri 1 Mar 2013, 7:24, closed)
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