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Shared mortgage calculator
eightwayliz
Posts: 13 Forumite
Is there such a thing?
I'm talking about where 2 people buy together but in unequal proportions, eg
1) One person puts in a larger deposit but the other pays more per month off the mortgage, and they own the property 50/50
2) As above but with a different split, say 60/40
How do you work out what the monthly mortgage payments break down to, given a known deposit for each person and a known split required?
(sorry I posted this in the wrong forum at first)
I'm talking about where 2 people buy together but in unequal proportions, eg
1) One person puts in a larger deposit but the other pays more per month off the mortgage, and they own the property 50/50
2) As above but with a different split, say 60/40
How do you work out what the monthly mortgage payments break down to, given a known deposit for each person and a known split required?
(sorry I posted this in the wrong forum at first)
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