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Mortgage rate cut - why kind of payment diff did you notice?

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glowgal Posts: 949
Since the 0.5% cut what sort of decrease did you notice in your payments? We only had 45 euro less and I thought it would be alot more than that. Can anyone tell me how do you work out what your payment is supposed to be?
mad woman Posts: 22106
think its roughly €25 for each 100k borrowed.
newkid30 Posts: 2233
Our mortgage is just under 250K over 25 years. We are on a tracker and it goes down roughly €50 for each .5%. Our mortgage has gone down over 130 Euros since September, and another decrease next month, happy days :)
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