Mortgage annual repayment calc broken down into monthly repayments 23 February 2006 at 3:29PM in Mortgage-free wannabe 2 replies 5K views

delluver

Hi, I am looking for a decent calculator/spreadsheet to show mortgage repayments over a year - broken down, each calculation shown:

example:

£95000 x 4% = £3800 divided by 12 = £670 (£316.67 interest, £353.33 capital) so, £95000 - £353.33 = £94646.67, and do the same again to work out monthly repayment.
and so forth for another 11 months.


Can anyone help? Would save me setting out formulas and trying to get Ecxel spreadsheets to formulate correctly. Could do it by hand, but wanted an auto calculator for ease of use and time saving.

Thanks, Delluver

Hawksmuir

Try here http://forums.moneysavingexpert.com/showthread.html?t=155630

delluver

Class, just what I'm looking for!

Thanks,

Delluver