How a simple mortgage calculator can make life so much easier for those looking for a mortgage
I have embraced the internet, it has made me inquisitive, it has made me proactive, and at times it has made me lazy. Yep, I spend far too much time in front of a computer, as it is convenient, but most of all it can help me do most things. If I fancy something to eat, then I order it on line. I want my weekly shop I order it online. I even book holidays and buy cars on line, so when it was time to look at buying a house than it was all too apparent to me that I would be using my trusty Google search engine to find a property, and more importantly to find a mortgage. Having wasted the last three years on rent, it was time to be a little more grown up, and traditional in thinking, so it was time to start investing in property, a cottage, a flat, a country home? I really had no idea. I had absolutely no idea, on how much I would be able to afford in relation to my mortgage, whilst I had a good credit history, solid job with a good income, I’ll admit to being a little clueless.
Easier calculating payments
What I needed was a mortgage calculator, something that would be able to work out what I could afford, and also provided me with a number of proven products. At least by calculating my repayments, I would at least know what price range I could look for in relation to houses. I luckily found www.godirect.co.uk on my search engine, and having some vague recollection of them, I thought they would be my first port of call. Well, they were my first and last, as they didn’t disappoint. Go Direct have a mortgage calculator that does everything a person like me would want, other than actually pay the repayments. After punching in the various details, I was pleasantly surprised to see a comprehensive list of products that would suit my needs. The fact that Go Direct are able to source from a number of providers, means that they are always able to be competitive. I wasn’t sure what type of mortgage that I would need but the calculations suggested that an interest only mortgage along with an endowment policy, would provide me with a cheaper offer, but that a straight repayment would be more simplistic. I certainly didn’t want any nasty surprises at the end of term, so a simple repayment was perfect. The mortgage calculator had given me a solid base to work from, and now it was case of finding the right property. I guess to do that; I’ll have to get out of my house and scour the length of the country to find a property that compliments my new found mortgage knowledge.