Last week I wrote a very flawed post about What would Happen if Interest Rates doubled. Luckily my sharp-eyed commenters called me on it. Principal pay down is an important part of your debt repayment… Read More »The Principal is always Your Pal
Discover how to compare your mortgage rates in a simple table and see what would happen if they suddenly doubled. Learn more with this exercise to help those making overpayments on their mortgages. Find out what a 4% and 8% interest rate will mean for your mortgage with this comparison.
My opinion of the Smith Manoeuvre has not changed, however, I resurrect the old chestnut to talk about this topic, and point out that while some folks have made this work, I am not in… Read More »The Smith Manoeuvre (revisited )
After reading about an amazing new movie that premiered in the U.S. called Sharknado (yes it is sharks inside a Tornado) I wondered what would be the most ridiculous (yet remotely plausible) financial idea I… Read More »Pay Day Loan Mortgages ?
It is quite simple to create a Mortgage Schedule using Excel or Google Sheet or whatever spreadsheet you like, and here is how.
