We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How to calculate LTV?
Teterow
Posts: 242 Forumite
Hi there in Nov 2007 I have started my mortgage payments with, what was then Bristol & West.
I always get a statement in March/April, but want to know what my LVT is now. How can I calculate this?
I can find out what was outstanding as of Spring 2010 (from statement)
I know what I have paid since then
and I know what my current SVR is.
Has anyone got a fancy formula please?
Many thanks
I always get a statement in March/April, but want to know what my LVT is now. How can I calculate this?
I can find out what was outstanding as of Spring 2010 (from statement)
I know what I have paid since then
and I know what my current SVR is.
Has anyone got a fancy formula please?
Many thanks
Challenges:
3 NSD per week
3 NSD per week
0
Comments
-
Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
It depends on how much your property is valued at, and there's no fancy formula to work that out. You would need to phone up your lender to find out what they value your property at, and while you're on the phone ask them how much you owe - much easier than trying to work it out yourself.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards