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fixed term mortgage & capital overpayment
hpuse
Posts: 1,163 Forumite
Hi
Does anyone know how to see changes when a one-off capital payment is made to fixed term mortgage.
Yearly 10% is the maximum overpayment is allowed and the Mortage term is 25 years and Rate is fixed and stepped by 1% for the first 3 years (locking term)
Any calculator that details information to this level ?
Thanks
Does anyone know how to see changes when a one-off capital payment is made to fixed term mortgage.
Yearly 10% is the maximum overpayment is allowed and the Mortage term is 25 years and Rate is fixed and stepped by 1% for the first 3 years (locking term)
Any calculator that details information to this level ?
Thanks
0
Comments
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I found this calculator on a US website. Works fine in any currency.In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0
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