Interest charged on mortgage

Stronge

Registered User
Messages
235
Hope this is correct forum. I just had a look at my AIB Tracker Mortgage statement on line and I noticed that the interest charged to my mortgage account on the 16th June which covered the previous three months was larger that the interest charged for the previous quarter. Since Sept. '09 my interst has been going down each quarter by approx €20 to €25 but this quarter the interest has gone up! I can not understand this as the interest rate has not changed and the balance is decreasing with each monthly repayment. I am going to phone up on Monday but I just know that they will give me some "speel" to justify the amount. Can anyone throw any light on this for me? Many thanks
 
Probably because march april may period has 2 extra days compared to december january february
 
You are probably right about the days, I phoned up today and thats what the man said he also said that lots of people had called enquiring about it!
Thanks