Quote Originally Posted by John_D
Quote Originally Posted by ciars
Personally, I pay every 4 weeks instead of every month, giving me an additional 1 payment per calendar year (13 payments every 4 weeks versus 12 monthly payments). A small yet significant (to me) interest saving at the end of the term.
That's something I would definitely do if I was paid weekly or bi-weekly but I'm currently paid monthly so some months it wouldn't work out for me.
I'm paid monthly so do a monthly standing order. €100 per month is €1,200 over the year compared to about €1,100 for the mortgage payment