This always sounds such a great, shrewd way to manage your finances, but if you are like me you sit procrastinating because even though it seems the right time to ‘fix’ what if the rates carry on going down? In such a case, you will feel very financially mortgage calculator cheated.
You should remember too before making this decision that most of the deals around fixed rates mortgage repayment calculator are exactly that — deals. This means there are penalties if you want to sell up and pay off the loan courtesy of an inheritance from long lost Great Aunt Sheila who went missing at sea stamp duty calculator on her world cruise, last seen dancing on the Captain’s table, gin and tonic in hand before heading towards the deck home loan calculator for some fresh air. In such instances not only do you have to pay off the loan but many thousands of dollars in penalties.
So should you or shouldn’t you fix? Here are my pros and cons to help you decide if you are considering taking the plunge:
You should remember too before making this decision that most of the deals around fixed rates mortgage repayment calculator are exactly that — deals. This means there are penalties if you want to sell up and pay off the loan courtesy of an inheritance from long lost Great Aunt Sheila who went missing at sea stamp duty calculator on her world cruise, last seen dancing on the Captain’s table, gin and tonic in hand before heading towards the deck home loan calculator for some fresh air. In such instances not only do you have to pay off the loan but many thousands of dollars in penalties.
So should you or shouldn’t you fix? Here are my pros and cons to help you decide if you are considering taking the plunge: