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MSE News: Mortgages tumble below 2%... if you've got the deposit
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Consumerist wrote: »Not quite. Your method regards the whole monthly payment as an interest charge whereas some of it is a repayment of capital.
Yes I see you only used the interest now. I didn't read it properly! Sorry.0 -
The calculated interest is compound not simple isn't it, and calculated on a daily basis? Are you just using that method as rough and ready indication?
My method takes that into account as you are using the actual monthly repayments to work out the cost over the deal period. You need to use a mortgage repayment calculater to get the monthly repayment.0 -
Property investors.....
FILL your boots......
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Above.......... me and my old pal Camo!0
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The country that invented
serfs,
the ducking stool,
football hooligans (including ape noises and bananas on the pitch).
Concentration camps.
Only some of these though were exported to foreign countries.0 -
Would it be possible to get one of these as a second mortgage? Just thinking of it in loan terms, if I'd be paying off 1.99% there are a lot of ways to get a better return if I stuck the money elsewhere
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