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theking | 15:49 Tue 03rd Mar 2009 | ChatterBank
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if my mortgage is �403 per month at 5.5% and the rate goes down to 3.6% what is my new monthly payment..

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Nothing to do with the rate going down , unless the bank actually put yours down.

Thye havent brought mortgages down inline so difficult to say.


It depends on how much you borrowed and still owe etc.
Your bank will let you know if and when and how much.
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they have brought mine down, thats why im asking.
Your bank will let you know if and when and how much.

legendisgod dont you mean "your bank will rob and overcharge you and appologise and say it was a computer error when caught" instead?

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