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Mortgage calculators?

KajiKita
Posts: 7,973 Forumite

I've been doing an end of year financial review and hubby has asked me where our balance will be in 3 years time when we come to re-mortgage - we're hoping our debt to asset ratio won't be quite as weak .... 😉
I need a mortgage calculator for the next 3 years that I can use from today's balance (its too complicated to do from the start of the mortgage two years ago due to taking a payment holiday during furlough).
Can anyone suggest one? Everything I've so far has been difficult to get the numbers right from (my current monthly mortgage payment doesn't tally with what the calculators are telling me).
Thanks in advance :-):smile:
Thanks in advance :-):smile:
As at 15.08.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £232,244
- OPs to mortgage = £12,148 Interest saved £5,738 to date
Fixed rate 3.85% ends October 2030
Read 48 books of target 52 in 2025, as @ 31st August
Produce tracker: £353 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £232,244
- OPs to mortgage = £12,148 Interest saved £5,738 to date
Fixed rate 3.85% ends October 2030
Read 48 books of target 52 in 2025, as @ 31st August
Produce tracker: £353 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.
Watch your actions, they become your reality.
1
Comments
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https://www.moneysavingexpert.com/mortgages/mortgage-rate-calculator/
MSE has it's own mortgage calculator. If you put in today's balance and your remaining term it will indicate where you should be in 3 years time. It also has an overpayments calculator which can indicate how much you'd save if you over-paid. What it doesn't do well is show months...
Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.1/£127.5K target 24.4% 15/8/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/251
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