Just stumbled onto this Excel Website which has a great assortment of templates for those that dabble with excel, hope it comes in useful.
Just stumbled onto this Excel Website which has a great assortment of templates for those that dabble with excel, hope it comes in useful.
Just downloaded the mortgage calculator havnt had time to analyse it but I think pip that there is a tax free portion thats loaded into the calculation hence the descrepency.
I'm sure it could be tailored to work for the UK
I just knew you'd find the problem pipThe difference lies between 6% ÷ 12 ( 0.06 ÷ 12 ) and the twelfth root of 1.06 ...(1.06^(1/12))
Think Geometric progression...
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The difference lies between 6% ÷ 12 ( 0.06 ÷ 12 ) and the twelfth root of 1.06 ...(1.06^(1/12))
Think Geometric progression...
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