2007-01-12 04:08:13 · 2 answers · asked by welchy56 2 in Business & Finance ➔ Other - Business & Finance
The Virgin One account is good but only if you have all your other finances linked to it. For example if you have a 100,000 mortgage and 1000 in your bank account you will only pay the interest on 99,000 of your mortgage.
Also if you have any other loan then you will be charged the mortgage interest rate on those loans as well.
The best way to run the mortgage is to have a decent balance in your regular account so that you offset that part off the mortgage. If you can try and keep a whole months worth of pay in the account at all times and you can cut the length of your mortgage and save thousands in interest.
2007-01-12 04:15:47 · answer #1 · answered by bassmonkey1969 4 · 0⤊ 0⤋
I wouldn't get a virgin mobile let alone a virgin morgage
2007-01-12 04:12:53 · answer #2 · answered by Dan Ln 3 · 0⤊ 0⤋