|
|
|
Categories :
System Utilities > Other
|
|
Mortgage-UK 1.4
|
| Publisher |
AJD Computing |
| Published Date |
2003-04-21 |
| License |
Shareware |
Price |
24 USD |
| Size |
1051 KB. |
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.
|
| |
Description From Publisher
Mortgage-UK calculates the true cost of a mortgage and allows you to compare the effect of different interest rates and overpayments. It is designed for the UK market, but may work for other country's mortgage systems. It runs on all versions of Windows.
Use Mortgage Manager to create an icon for each mortgage you are evaluating, then enter values such as the mortgage amount, fixed/discounted/capped/cashback rates and the interest calculation period as well as one-off administration costs. 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. The only sure way to find the cheapest is to calculate the payments under the different interest rates, add them up and add on the fixed costs. Not much fun when you consider the hundreds of mortgages on the UK market and the mathematics behind them. Mortgage-UK can do all this for you and could save you thousands!
Supported OS
Win95,Win98,WinME,WinNT 4.x,WinXP,Windows2000
Related Keywords
Mortgage Mortgage calculator calculator costs costs UK UK cheapest cheapest best best
|
|
Latest Other Realted Tools:
Gifts 'n Reminders 2.0
Turn your PC into a reminder service, with Gifts 'n Reminders! Features include: reminders for birthdays and special occasions, monthly calendars, gift planning, purchase histories, personal profiles, shopping lists, budget reports, and much more. |
Fractions n Decimals CE 5.3
Add, Subtract, Divide and Multiply fractions.Convert a decimal to a fraction or a fraction to a decimal. Quick and easy interface. No confusing menus. This unique program converts decimals to fractions. Great for school or work. Handy for STOCK quote |
Champfoot 4.0
Champfoot, manage and track soccer leagues. A lot of tables and statistics of a league, a team, a player, ... Differences betweens tables and statistics from a year to another. Tables history. Import/export of leagues from/to external software. |
Secure Family Album 1.10
Program with outlook-like interface designed to store your digital family photos together in your digital family album. |
Address & Phone Book Pro 9.01
Address and Phone Book, you can enter names and addresses including 4 phone numbers, Birthday, E-Mail Address, Fax Numbers and web page address. You can load photos in the book. Email client, web browser and word processor can be launched. |
UK Speaking Clock 10.4.2
This is a multilingual Speaking Clock that uses over 50 different skins to show the time to you using either digital or analogue displays. You can have the time announced to you in over 8 languages |
Speaking Calendar 6.6.7
Speaking Calendar is a desktop calendar/appointment manager with a
difference. The calendar displays a nice looking interface, which is
also very user friendly. |
My Digital Photos 1.02
The Essential Companion to Your Digital Camera
Connect your camera to the computer and open My Digital Photos. Views, arranges, stores, and puts captions on pictures. Makes EXE file for sharing pictures with friends. |
GolfMonitor 1.0.4
Keep track of your golf scores , handicap and game statistics with GolfMonitor. Print statistics as well as a score card for the course / tees to be played. ESC is automatically calculated and displayed as scores are entered. |
MagicMessage 2.3.138
Send and receive SMS text messages from your PC to mobile phones. It turns your computer into a mobile phone able to send and receive text messages. Long text messages supported. Fast, reliable service. Simple message pricing and software. |
Lucky Days 2.1
This software identifies lucky "beak" shapes in a person's daily planetary transits. Free 1-Month Lucky Day Report. |
Collection Explorer 2.5.3
Collecting software. Organize, track, and manage your collections in a Windows Explorer-like way. Your categories in a tree on the left, your items in a list on the right. Comes pre-loaded with categories for all types of collectibles. Easy to learn. |
ExpenseIT 2.3
ExpenseIT tracks shared expenses among multiple people. Save, then quickly enter receipts--splitting items equally, charging them to a particular person, or using a custom percentage. You always see "who owes who what" and can settle up at any time. |
|
|
