you would have probably seen those little online calculators on the banks website that calculate how much your repayments would be, or how long your loan will take.
but what if you want to know what happens if after 2 years the interest goes up, and after 5 years you can afford to make more repayments, and you borrow some extra money after 1 year to replace the bathroom, and your investments mature after 3 years… then what ? how does that work out on your term and total amounts ? and how would that compare if you didn’t borrow extra for the bathroom ? in short, what if you want to know about how these things work out in real life ?
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well, you don’t have to wonder anymore. a mate of mine has written a pretty nifty website with a few calculators on them that surpass any of the existing ones..i’m impressed, well done !
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