Interest Only Mortgage Calculator
Welcome to our Interest Only Mortgage Calculator page.
In
order to find the right mortgage deal / or the
most appropriate mortgage deal available to meet your needs, we recommend
the assistance of a qualified independent mortgage adviser ,
who has whole of market access and who will work for you
and is not tied to any one lender or restrictive range of lenders.
We believe the best advice is independent advice!
Thousands of clients have found quality Independent Mortgage Advice
through our Introductory Service!
Interest
only mortgages are not suitable for all borrowers. Borrowers must be aware
that if / when switching from interest only to capital and interest repayment,
monthly payments will increase. There is also an increased risk of a negative
equity situation occuring. You must also understand that there will be
more interest payable than if you started on a repayment only to begin
with. It is important to ask for detailed advice on interest only mortgages
from a qualified adviser.
*Make sure you tick 'interest only' to ensure that your calculation relates to interest only and not capital and interest repayment.
Please feel free
to use the mortgage calculator above. Mortgage lenders often
use differing methods of interest calculation to calculate
monthly payments. Therefore, the calculator above should
be used as an approximate or indicative method of
calculation, and not as an exact figure.
For
a firm / written quotation please click the enquiry link below
- you will be allocated an independent adviser who will provide
you with advice and a recommendation on the best / most appropriate
mortgage available on the market to meet your unique needs.
We
believe the Best Advice is 'Independent' Advice!
Your
home may be repossessed if you do not keep up repayments on your mortgage.
"A
fee may be payable for mortgage advice, depending on your circumstances,
of up to 1% of the loan amount."
www.Mortgage.gb.net
Trading
Style of 1st For Finance Ltd.
Registered in England & Wales no. 4719270
1st For Finance Ltd is an 'introducer' of clients to regulated Independent Mortgage Advice companies and may receive a introductory fee of up to £11.50.
1st For Finance Ltd is not authorised or regulated by the Financial Services Authority.
The content of this web site is 'information' on the services that are offered by our partner advice companies.
The content of this website must not be taken or used as 'advice'
on the type of mortgage that is most suited to your needs.
1st For Finance Ltd hold no responsibility for any advice given by our partner
companies.
Please read our Terms
Of Business for further information.
Registered Office:
7 Fidlas Road Llanishen Cardiff CF14 0LW
Tel:02920 753200
Mortgage Advice Line: 08453 440349 (Answered by Park Row, Cardiff Branch)
