Mortgage calculators

[mummymimi]

My husband and I are about to sell an investment property and we wanted to use most of the money we will gain from it to pay off a lump sum off our mortgage. I wanted to work out how much time and money we would save off our current 30 year loan if we put a lump sum on the mortgage and then make extra repayments each month. However the only calculatorsI can find do one or the other not both (either show time saved with a lump sum or time saved with regular extra repayments). Do you know where I can find the type of mortgage calculator I am looking for? I hope this makes sense. Thank you

[andie_pandie]

Hi there sorry for the late reply, my laptop was in being fixed and then my desktop decided to misbehave also.

There are quite a few different factors to be considered, such as what type of loan, are you allowed to make lump sum repayments and the like.

If you would like to PM me, I will have a chat offline and work out some rough figures if you like.

Regards Andrea