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recd offer from nationwide re- miselling.. correct amount?

Options
total offered £847.94

capital comparison

differece on interest only to repayment - £2150.80
endowment surrender value £1434.20

redress 716.60


out goings over mortgage period

endowment mortgage cost £6716.39
repayment £6585.05

difference 131.34



TOTAL £847.64


THIS IS A £7000 WITH PROFITS ENDOWMENT TAKEN IN 1993

ARE FIGS CORRECT?

Comments

  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Do you have reason to disblieve them?

    how long was policy term?


    I understand that the compaines use certain software programs , and input various figures obtained from endowment provider, lender and yourself

    Without all of these ( including access to the software or doing many manual calculations) we could not answer your question
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
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