Hello,
If I wanted to pay a set number of months worth of interest in advance on a home loan, how would the amount of interest be calculated if there was an offset account as well? Is it just assumed that the balance at the time the payment is made applies to all the monthly payments? I hope that makes sense
Thanks
If I wanted to pay a set number of months worth of interest in advance on a home loan, how would the amount of interest be calculated if there was an offset account as well? Is it just assumed that the balance at the time the payment is made applies to all the monthly payments? I hope that makes sense
Thanks