interest rate

[markh1972]

with todays interest rate cut and a tracker mortgage of 93,000 how much will i be better of a month

[knobbynonuty]

Well 93,0000 what? euros, sheckles, sterling quids, dollars, hens,goats,rands,.

You get the guest.
We are not sane on here
Now take your tracker and post it elsewhere

[markh1972]

ha ha ha

[randyraven]

93,000 * 0.0025 = 232.5 /12 = �19.37 per month

[randyraven]

I suggest you invest the money in a bet on England winning the Eurovision song contest ...

[knobbynonuty]

Ok well at least you have a soh

[bigmamma]

Lol knobby , not quite the answer you wanted eh mark ?
Maybe you will get someone in Business and Finance who might know. However , how many years is your morgage over . have you anything offset .....so many details you have omitted to say honey x

[knobbynonuty]

I dont even think that we will qualify for the euro song contest let alone win it.

[markh1972]

thanks all i did try finance but couldnt get any answers but thanks for everyones help

[knobbynonuty]

Oh hya bigmamma and will you stop being sencible

[randyraven]

I was thinking we should get Gordon Brown and Darling to sing "We are on the Road to no where "

[markh1972]

bring back abba!!

[knobbynonuty]

No probs mark but at least you will go to bed tonight laughing at us

[unrulyjulie]

I heard on the news that if you had a 100 grand mortgage then you should be better off by about �16.00 per month .

[randyraven]

err Am I invisable ...

I have just given you the answer ...

Your mortgage will go down by .25% cause its a tracker ...
So you pay .25% less interest on your loan of �93,000
As I have shown over a year ...then divide by 12 to give you the monthly rate ...

[~max~]

Woohoo! that means you can buy the drinks tomorrow night! lol
Hi Mark, welcome to CB! ;O)

[knobbynonuty]

Aw shruupp frenchy

[markh1972]

ohhhhhhhhhhhhh ive got a headache!!!how did we go from a mortgage to the eurovision song contest????

[unrulyjulie]

Oh ABBA , now youre talking !!!!

[~max~]

I think randyraven deserves stars for answering with a sensible reply, and so does Unrulyjulie, actually! lol

[unrulyjulie]

welcome to chatterbank mark LOL