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Mortgage Calculator: Compare the real cost of rates and fees

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Mortgage Calculator Compare the real cost of rates and fees
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Mortgage calculator for real costs – compare deals on both rates AND costs

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With our real cost mortgage calculator, you can really compare how different home loans stack up by checking which settlement costs increase the total cost over the life of a deal.

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It gives you the monthly repayments for competing mortgages and mostly lets you add costs so you can compare the total costs over a deal period, such as a two- or five-year fixed-rate mortgage.

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Figures have been worked out for standard repayment mortgages. For interest-only calculations, use either our Mortgage Affordability Calculator or the Interest Only Time Bomb Calculator.

Compare real mortgage costs

Calculate the mortgage costs and see what the best deal is, taking into account rates and fees. You can use one part to calculate one mortgage cost, or both to compare loans compare

Small print explanation: The total cost of credit is based on fees that are paid up front and not added to the mortgage, and the period of the cost overlay is based on the initial rate that remains the same during that time. The calculator is for a repayment mortgage where the interest is calculated monthly. The results also apply to overnight interest where only one payment is made per month.

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The post Mortgage Calculator: Compare the real cost of rates and fees appeared first on Notesradar.

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