Mortgage-UK 1.4


Free Trial
1.08 MB
  Download  




Publisher Description



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!

Mortgage-UK is a free trial software application from the Other subcategory, part of the Home & Hobby category. The app is currently available in English and it was last updated on 2003-04-21. The program can be installed on Win95, Win98, WinME, WinNT 4.x, WinXP, Windows2000.

Mortgage-UK (version 1.4) has a file size of 1.08 MB and is available for download from our website. Just click the green Download button above to start. Until now the program was downloaded 198 times. We already checked that the download link to be safe, however for your own protection we recommend that you scan the downloaded software with your antivirus.

Program Details



General

 
Publisher AJD Computing
Released Date 2003-04-21
Languages English

Category

 
Category Home & Hobby
Subcategory Other

System requirements

 
Operating systems windows

Download information

 
File size 1.08 MB
Total downloads 198

Pricing

 
License model Free Trial
Price $24.00

Version History



Here you can find the changelog of Mortgage-UK since it was posted on our website on 2012-04-23. The latest version is 1.4 and it was updated on soft112.com on 2017-07-02. See below the changes in each version:

version 1.4

posted on 2003-04-21

Interface updates, name change






Add a review


Tell us your experience with Mortgage-UK 1.4



RELATED PROGRAMS
Our Recommendations






BarCode2D-PNG




Click stars to rate this APP!

Users Rating:  
  2.4/5     5
Editor Rating:  
  0/5
Downloads last week: 0
Release Date: 2003-04-21
Publisher: AJD Computing
Operating System: windows