Timeline for Is "odd days interest" really a thing in a mortgage refinance?
Current License: CC BY-SA 3.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jun 27, 2017 at 10:52 | comment | added | psmears | I'm in the UK if that makes any difference... | |
| Jun 27, 2017 at 10:43 | comment | added | JTP - Apologise to Monica♦ | @psmears - The math means it should make no difference to the bank. You found one that's not obsessed with a first-of-month due date. (I've still never seen one, personally. Thx for letting me know they exist) | |
| Jun 27, 2017 at 10:29 | comment | added | psmears | My bank lets you have the cycle on any day (eg to coincide with payday), but the same thing applies - you have to make a special payment for the interest between the day they give out the funds until the first payment date. | |
| Jun 26, 2017 at 22:20 | history | answered | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |