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Are there any sites which show how a mortgage is calculated to eventually be paid off
Comments
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That calculator is so nearly close to the calculation I'm looking for!
I'm trying to see my monthly payments after making two additional lump payments (of 10% of the outstanding balance) in the 2nd and 5th year of a 13 year repayment mortgage (without reducing the term).
Hi,
I like this mortgage calculator, which you can download. It allows you to make all sorts of different calculations, based on different scenarios.
http://www.hsh.com/cgi-bin/load.cgi?files/HSHSetup.exe
http://www.hsh.com/hbcalc.html
As with a lot of these things, ignore the US$.
HTHIn 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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