Final payment

Willow liz

Junior Member

Joined: Jan 2022

Posts: 1
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#1

Final payment

18th January 2022, 03:41:AM

Hi, my ex husband has a charging order on my property for Ł5.000 at 8% a year and its now 15 years. I am not well so am putting my house on the market. My maths are rubbish so I don't know what that total amount will work out at? Thank you so much in advance.

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des8

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Joined: Mar 2013

Posts: 20896
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#2

18th January 2022, 08:29:AM

Sorry to hear of your ill health.

If the charging order is exactly 15 years old and there has been no interim payments made, Ł5,000 @8% pa statutory interest will mean the final balance is Ł14,049.22

according to https://www.thecalculatorsite.com/fi...calculator.php
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Final payment

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