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Post by jh1980 on May 8, 2007 10:36:27 GMT -1
It's better than spending...nay wasting your money on rent though mate. Think of it as a long term savings plan! Unless the market crashes, in which case we're all, as they say, fucked!
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Post by Stan on May 8, 2007 10:36:32 GMT -1
The bit in small writing where it tells you how much it will cost you to get out of your mortgage deal and transfer to another lender... ...just want to help out my pal! Ah, you need to get what they call a "portable product" Tis nonetheless a riddle of a conundrum of a minefield, joining the propertied classes! There was a young man called Jules... ;D
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Post by Stan on May 8, 2007 10:37:30 GMT -1
It's better than spending...nay wasting your money on rent though mate. Think of it as a long term savings plan! Unless the market crashes, in which case we're all, as they say, fucked! Unless you have a mahoosive amount of equity in your property....*coughImluckyinthatdepartmentcough*... and you just sit it out...!
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Post by jh1980 on May 8, 2007 10:37:53 GMT -1
There was a young man called Jules... ;D Go on then! No-one writes me poetry Stan... you could be special! ;D
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Post by Billy on May 8, 2007 10:38:56 GMT -1
ok - so how much would the repayment be on a £37,500 mortgage then?
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Post by jh1980 on May 8, 2007 10:39:30 GMT -1
Unless the market crashes, in which case we're all, as they say, fucked! Unless you have a mahoosive amount of equity in your property....*coughImluckyinthatdepartmentcough*... and you just sit it out...! does "equity" mean the bit you actually own? (finance and Jules don't mix too much...) if so I think I'm surprisingly chipper too!
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Post by Stan on May 8, 2007 10:41:15 GMT -1
There was a young man called Jules... ;D Go on then! No-one writes me poetry Stan... you could be special! ;D There was a young man called Jules Who spoke all day to fools He shouted out loud "there's a pig on a cloud" But no, it was just 'Monkey' from the 80's off of the tele
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Post by jh1980 on May 8, 2007 10:42:10 GMT -1
ok - so how much would the repayment be on a £37,500 mortgage then? depends on the interest rate and length. 5% p.a. over 25 years would be... (reaches for calculator...) oh fooked if I know!
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Post by Stan on May 8, 2007 10:42:29 GMT -1
Unless you have a mahoosive amount of equity in your property....*coughImluckyinthatdepartmentcough*... and you just sit it out...! does "equity" mean the bit you actually own? (finance and Jules don't mix too much...) if so I think I'm surprisingly chipper too! Very broadly, if you own a house that is currently valued at £200k, but on ly have a mortgage for £100k you have £100k equity in the property ...chipper indeed!
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Post by Stan on May 8, 2007 10:43:16 GMT -1
ok - so how much would the repayment be on a £37,500 mortgage then? depends on the interest rate and length. 5% p.a. over 25 years would be... (reaches for calculator...) oh fooked if I know! Roughly double Billiam!
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Post by Stan on May 8, 2007 10:45:38 GMT -1
Anyone for an exalt or smite?
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Post by Billy on May 8, 2007 10:45:57 GMT -1
depends on the interest rate and length. 5% p.a. over 25 years would be... (reaches for calculator...) oh fooked if I know! Roughly double Billiam! I meant every month rather than the whole amount
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Post by jh1980 on May 8, 2007 10:46:18 GMT -1
There was a young man called Jules Who spoke all day to fools He shouted out loud "there's a pig on a cloud" But no, it was just 'Monkey' from the 80's off of the tele That's pretty good Stanley! Have an exalt! No, really, I'm touched... it "spoke" to me!
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Post by jh1980 on May 8, 2007 10:47:21 GMT -1
Very broadly, if you own a house that is currently valued at £200k, but on ly have a mortgage for £100k you have £100k equity in the property ...chipper indeed! In a word... Bonzer!
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Post by Stan on May 8, 2007 10:47:51 GMT -1
I meant every month rather than the whole amount okay then.... roughly : 37,500 x 2 = 75,000 75,000 / (12x25) = £250 / month.... roughly
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Post by Stan on May 8, 2007 10:48:35 GMT -1
There was a young man called Jules Who spoke all day to fools He shouted out loud "there's a pig on a cloud" But no, it was just 'Monkey' from the 80's off of the tele That's pretty good Stanley! Have an exalt! No, really, I'm touched... it "spoke" to me! OI!
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Post by Billy on May 8, 2007 10:48:53 GMT -1
I meant every month rather than the whole amount okay then.... roughly : 37,500 x 2 = 75,000 75,000 / (12x25) = £250 / month.... roughlyright thank you!
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Post by jh1980 on May 8, 2007 10:51:23 GMT -1
That's pretty good Stanley! Have an exalt! No, really, I'm touched... it "spoke" to me! OI! Stop moaning! I gave you the exalt! ;D
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Post by HURLOCK on May 8, 2007 10:51:47 GMT -1
Jemmas breasts
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Post by Stan on May 8, 2007 10:52:04 GMT -1
Stop moaning! I gave you the exalt! ;D Miss, Miss... Julian called me a fool!
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