True cost Mortgage calculator

goneracing

Does anybody know of a “True Cost Mortgage Calculator”

For budgeting I prefer fixed rate mortgages for a so I’m after a calculator that I can put the figures in, loan amount, length of loan, costs, rate etc. and it then tell me that after 2, 3, 5, 10yrs etc. I have paid “X” amount and still owe “Y” amount.

I'm aware of plenty of calculators that will tell me “How much I can borrow” or “Cost per month” but I can’t find one that gives the results like you get on the back of the illustrations from a Mortgage advisor.

Thanks

Locoblade

If you have Microsoft Excel on your computer, you can download the amortization spreadsheet from Microsoft

http://office.microsoft.com/en-us/templates/TC010197771033.aspx

I'm currently working on a heavily edited version of this that takes a lot more into account, changing interest rates, offsetting / overpaying etc but this should give you the basic info you need.

getmore4less

I use

www.whatsthecost.co.uk

Most calculation you want or need can be done,

The details button shows the breakdown month by month for the mortgage.

superbantam

I've used this in the past,

http://www.jeacle.ie/mortgage/uk/

KTF

I put one together myself. If you would like a copy then let me know.