AIB AIB did not reduce my mortgage payment after Prevailing Rate write down

M

misstealeaf

Registered User
Messages
93
My capital reduction was applied earlier in week. I checked my statement and my monthly payment came out yesterday. It’s the exact same as if always was. I’m on a fixed rate. Do u think ifs just a case that they haven’t got around to re computing the new amount going forward? It’s very confusing not knowing what my exact payment should be.
 
Yes, it's just a question of timing I would imagine.

The process for calculating the repayment should be automatic.

It will be interesting to see if people who got a write down last week see a reduction in their repayments next week.

Brendan
 
Mine hit my account on Friday as well at the exact same amount as always. I’m on the standard variable rate.
 
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