A good mortgage calculator?
A good mortgage calculator?
Author
Discussion

nammynake

Original Poster:

2,658 posts

202 months

Sunday 1st August 2021
quotequote all
Does anyone have (or know where to download) a mortgage calculator, specifically one which allows you to enter values for two sub-accounts on different interest rates, and also calculating BIK tax?

We are soon to take out a mortgage for a new purchase and will be porting over our existing mortgage, which is on a staff preferential rate (hence subject to BIK) and taking out additional borrowing, probably also on staff rate (albeit not as favourable terms as our existing one). I want to play around with interest rates, term, fees etc, to help us choose our final mortgage.

Thanks

BobsPigeon

749 posts

68 months

Sunday 1st August 2021
quotequote all
The best thing to do is open excel on your computer and one of the default spreadsheet templates is the "Loan Amortisation" spreadsheet which can be messed about with to you hearts content.

johnnyBv8

2,482 posts

220 months

Sunday 1st August 2021
quotequote all
BBC mortgage calculator is really handy/simple, but it wont help you with the BIK etc.