Sounds like a great deal

Wanda Noel wrote:
From: Wanda Noel
Subject: Re: FYI
Date: June 4, 2005 4:20:54 PM CEST
To: Bit

THIS IS GOING TO BE OUR FINAL NOTIFICATION

We have made an effort to contact you on many occurences and the time to return your reponse is now!
Your current home loan meets the requirements for you for up to a 3.60% lower rate.

However, seeing as our previous attempts to contact you did not succeed,
this will be our final notice to close for you the lower rate.

Please complete this final step upon receiving this notice immediately,and complete your application now.

(some links and stuff)

From: Bit
Subject: RE: Re: FYI
Date: June 4, 2005 9:20:54 PM CEST
To: Wanda Noel

Dear Wanda,

I recieved you e-mail today (strangely enough, none of your former e-mails have reached me) and I must say I find your offer very attractive. Now, if you can actually offer me a reduction of 3.60% on my home loan interest, that is indeed an offer no sane man can refuse. Do you offer this to Norwegian citizens, too? I take it you do, since you have sent me this mail. Surely, a respectable firm like yours would never send an offer of this magnitude to just anyone.

I don´t know how well you know Norwegian economics, but our interest is (for the time being) at an all time low and this brings us to my question (Disclaimer: I´m not very good at mathematics, so bear with me if I got this wrong):

You say you can reduce my rate by up to 3.60%. Now, as I said, the Norwegian interest is at an record low at the time, and my current rate on my home loan is 3.22%. Here comes the brain-twister:

Does this mean that you will actually PAY me 0.38% of my home loan? I mean, my financial situation is by no means bad, but I sure would love to get an extra - let´s see now - 34000 Norwegian Crowns a month (hope I got this right; my loan is roughly 1.08 million NOK times 0.38 divided by 12 equals ca. 34000)! I don´t mean to sound critical, but isn´t a bank that actually GIVES people money for loaning money there going about their business the wrong way? Unless, of course, you CHARGE people for saving money there. That is certainly not the way we do it here in Norway, but hey, we´re a small country in the outskirts of civilization so what the heck do we know?

Anyway, I look forward to your answer to this, and will gladly transfer my loan to you as soon as we´ve clarified this.

Thank you for your time.

Regards,
Bit