In my mortgage paperwork it say thats the total amount I will pay back at the end of my term on a £235,000 loan is £400,860 (banks do alright dont they :beer:)
Question if after say 3 years I decide to remortgae do I remortgae on the total loan so will need £400,860 or just whats left owing on the original 235,000 and what ever that months interest is?
Question if after say 3 years I decide to remortgae do I remortgae on the total loan so will need £400,860 or just whats left owing on the original 235,000 and what ever that months interest is?