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Mortgage calculator
itslougher
Posts: 20 Forumite
Hi all,
Could not get access to the mortgage advice thread so i thought i'd add a topic.
I remember using a specific type of mortgage calculator to calculate when my mortgage payments would finish if i added extra money on a regular basis.
Basically, you add in the usual data of a mortgage loan, regular payments etc and it gives you a graph over the mortgage life showing how your mortgage loan falls over time, then you add how much extra per month you think you can afford and it recalculates and superimposes another graph on the old one to show you how your new mortgage loan will fall over time.
It is used by many mortgage advisers.
Anyone any idea where i can find this as i have lost the web address.
Thanks,
Gav.
Could not get access to the mortgage advice thread so i thought i'd add a topic.
I remember using a specific type of mortgage calculator to calculate when my mortgage payments would finish if i added extra money on a regular basis.
Basically, you add in the usual data of a mortgage loan, regular payments etc and it gives you a graph over the mortgage life showing how your mortgage loan falls over time, then you add how much extra per month you think you can afford and it recalculates and superimposes another graph on the old one to show you how your new mortgage loan will fall over time.
It is used by many mortgage advisers.
Anyone any idea where i can find this as i have lost the web address.
Thanks,
Gav.
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See my reply to the "Mortgage Overpayments" thread.0
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