Re: First year of repayment mortgage, WTF!

On Fri, 15 Sep 2006 08:47:58 +0100, "Tim" <me@xxxxxxx> wrote:

"Ronald Raygun" wrote:
...

"Peter Saxton" wrote
I've explained the situation perfectly adequately.

"Tim" wrote:
You've said that some of RR's points are "rubbish",
when they are actually perfectly *valid*, but you certainly
haven't "explained the situation perfectly adequately."

"Peter Saxton" wrote
Which did I say were rubbish when they were perfectly valid?

*All* the ones that you said were rubbish ... !!

I noticed you didn't answer my following question:

Explain what is wrong with:

"There is no split. You don't pay some interest and some capital. You
borrow, get charged interest and make repayments continuously until
the debt is cleared."

Are you able to answer it now? If not, why not?

--
Peter Saxton from London
peter@xxxxxxxxxxxxxxxxx
.

Relevant Pages

  • Re: First year of repayment mortgage, WTF!
    ... borrow, get charged interest and make repayments continuously until ... the debt is cleared." ... Peter Saxton from London ...
    (uk.finance)
  • Re: First year of repayment mortgage, WTF!
    ... *All* the ones that you said were rubbish ... ... borrow, get charged interest and make repayments continuously until ... the debt is cleared." ... Peter Saxton from London ...
    (uk.finance)
  • Re: First year of repayment mortgage, WTF!
    ... you pay back is capital, and part of it is interest. ... You're making a payment that reduces the debt. ... Peter Saxton from London ...
    (uk.finance)
  • Re: First year of repayment mortgage, WTF!
    ... you pay back is capital, and part of it is interest. ... What you pay back is simply reducing the debt. ... Peter Saxton from London ...
    (uk.finance)
  • Re: May London Critical Mass.
    ... "procession" in London each month then none of the car-haters would ... 9.30am then again from 3pm to 7pm, blocking the pedestrian crossings ... He now appears on this NG & UK Legal spouting the same old rubbish to ...
    (uk.rec.cycling)