Just logged into the open 24 account & have found that instead of the newly adjusted figure last week of 2.3% "HOME LOAN - Variable Rate (LTV)", we are now on 2.3% "HOME LOAN - Tracker - ECB+2.25"
In the redress offer the payment was going to be reduced to €920. However in the new online statement it's reduced to €890 (figures rounded). Obviously this is great, a further €30 reduction per month, however, I'm a little confused as to wether or not this will also affect the payout & adjustment figure.
In addition, there was a very small amount of prepayment (couple of hundred euro) which had built up on the account over the years.
This amount had been taken into consideration when calculating the adjusted figure in the redress offer but has been removed in the new outstanding figure, so that the new outstanding figure is actually greater.
In the redress offer the payment was going to be reduced to €920. However in the new online statement it's reduced to €890 (figures rounded). Obviously this is great, a further €30 reduction per month, however, I'm a little confused as to wether or not this will also affect the payout & adjustment figure.
In addition, there was a very small amount of prepayment (couple of hundred euro) which had built up on the account over the years.
This amount had been taken into consideration when calculating the adjusted figure in the redress offer but has been removed in the new outstanding figure, so that the new outstanding figure is actually greater.
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