Amend mortgage loan amounts
Posted: Sat Nov 13, 2021 12:28 am
I wish to match the annual mortgage statement to Landlord Vision, for a particular mortgage.
Once I have matched the amounts, I plan to close the mortgage and create a new mortgage as the property has been remortgaged.
The interest charged obviously goes up or down based on the months, but the payments remain fixed.
How do I account for the difference? In my case, the remaining balance is lower than what LV is showing. I tried adding a credit note under Fees & Charges but I can't see whether that has changed the total outstanding, and it would be incorrect to "pay" the credit note because that will affect my Bank account.
So how do I fix the closing balance of the mortgage, or even match it to the Annual Mortgage Statement?
Thank you
Once I have matched the amounts, I plan to close the mortgage and create a new mortgage as the property has been remortgaged.
The interest charged obviously goes up or down based on the months, but the payments remain fixed.
How do I account for the difference? In my case, the remaining balance is lower than what LV is showing. I tried adding a credit note under Fees & Charges but I can't see whether that has changed the total outstanding, and it would be incorrect to "pay" the credit note because that will affect my Bank account.
So how do I fix the closing balance of the mortgage, or even match it to the Annual Mortgage Statement?
Thank you