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Old 29th Jan 2011, 22:12
  #3752 (permalink)  
Join Date: Jan 2009
Location: England
Age: 32
Posts: 73
Just out of interest, why are you paying off 1500 a month? I've calculated that borrowing 69,000 from BBVA over a 10 year period equates to around 600-700 a month based on the current interest rate of 3% and includes the initial 25% reduction on repayments. Did you borrow more from elsewhere or is your interest rate much higher than what BBVA currently offer?
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