home
in
Search

Moneysupermarket.com » Forums » Ask the Expert » Ask the Expert - Money » Repaying a mortgage after a mortgage holiday?

Repaying a mortgage after a mortgage holiday?

Last post Thu, Aug 14 2008, 12:30 PM by Skywalker. 1 replies.
Sort Posts: Previous Next

  •  Thu, Aug 14 2008, 10:10 AM

    Repaying a mortgage after a mortgage holiday?

    Reply Quote Report Abuse

    Hi Guys

    Can you help me with this question. If I decide to take a 6 month mortgage holiday and then fully pay off my mortgage - do I still have to pay the interest accrued over the mortgage holiday or do I only pay back the capital outstanding?
    • Post Points: 20

  •  Thu, Aug 14 2008, 12:30 PM

    Re: Repaying a mortgage after a mortgage holiday?

    Reply Quote Report Abuse
    Obviously the interest will continue to accrue over the 6 month 'holiday' so you will have to pay it.
    • Post Points: 5