Mortgage Calculator

by: Gromett Wednesday, December 31st, 2008

I wanted to know what paying a £1000 cash lump sum of my mortgage would do to either the Term or the Monthly repayments. I was very suprised to find that £1000 would knock a whole year of the term of my Mortgage.

The calculator I used is http://www.jeacle.ie/mortgage/uk/ It’s very nicely done.

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