Mortgage Calculators Can Save You Money!
Mortgage calculators are useful tools to work out how much you can save. There are
many different types of mortgages but one thing’s for sure -
This has got to be one of the simplest yet most under used debt reduction area.
Do you know how much your mortgage is actually costing you? It will horrify you.
Do you know that an amount of £70 per month in extra payments reduces a 25 year £100,000 mortgage at 6.5% interest by 5 years and saves over £20,000 interest?
£70 per month is £16.15 per week! C’mon, you could easily save that by saving on your bills and reducing spending.
1. Check with your lender if there are any restrictions to repaying an extra amount off your mortgage every month & whether those extra payments will immediately reduce the capital owed each month?
2. Use the free mortgage calculators from the links below to work out how much you can save.