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Home > Home & Hobby > Other > Mortgage-UK
Mortgage-UK
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Mortgage-UK Publisher Description

Mortgage-UK calculates the true cost of UK mortgages and allows you to compare mortgages and the effect of different interest rates and overpayments. It is designed for the UK market, but may work for other country's mortgage systems.

Read more about Mortgage-UK ...

Mortgage-UK 1.4

Calculates the true cost of UK mortgages

Version:1.4 Date Added:Apr 21, 2003
File Size:1.05MB Downloads: 114
License:Shareware , $24 to buy
System:Windows 98/XP/2000/Other
Limitations:
Publisher:AJD Computing , More products
Requirements:

Price: US$24.00


File size: 1.05MB


See rating details



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...... Payment details are then calculated with a month-by-month break-down of the payments and the running total. You can modify the interest rate and add over-payments to see their effect on the costs. Different mortgages can then be compared to see which is cheapest over various periods of time.

But why do you need it? Because it's not possible to know which mortgage is cheapest just from the headline interest rate. Try this: Which is cheaper over 25 years? (1) A 3 year fixed rate of 4.5% with a setup fee of 300 and then a variable rate of 5.5%, or (2) A 5 year fixed rate of 5.0% with a setup fee of 200 and then a variable rate of 5.5%? If you don't know, then you need Mortgage-UK to save you money.

When you choose a mortgage it is easy to just pick the one with the lowest rate. This is not always a wise choice however since factors such as setup fees, redemption penalties and the variable interest rate all have a significant effect on the overall cost. ......

Mortgage-UK Related Software


TAGS OF MORTGAGE-UK

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Qweas is providing links to Mortgage-UK 1.4 as a courtesy, and makes no representations regarding Mortgage-UK or any other applications or any information related thereto.

Any questions, complaints or claims regarding this application Mortgage-UK 1.4 must be directed to the appropriate software vendor.

You may click the publisher link of Mortgage-UK on the top of this page to get more details about the vendor.











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