Does BOI allow weekly payments on Mortgage (Capital & interest)

[smurf]

On my BOI PPR mortgage I pay fortnightly, Does BOI allow weekly payments or allow for Daily calculations of interest?

 

[Gulliver]

Interest on mortgages at banks is charged on a per diem (Daily calculation) basis, regardless of the frequency of payment.

 

[smurf]

Is there anyone paying into BOI PPR Mortgage on a weekly cycle?

 

[Eblanoid]

Is there anyone paying into BOI PPR Mortgage on a weekly cycle?

See this duplicate thread:
http://www.askaboutmoney.com/showthread.php?t=11562

 

[leex]

Interest on mortgages at banks is charged on a per diem (Daily calculation) basis, regardless of the frequency of payment.

Should still be a slight saving in interest if payments paid weekly??

 

[Eblanoid]

Should still be a slight saving in interest if payments paid weekly??

Already discussed, other thread: http://www.askaboutmoney.com/showthread.php?t=11562