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Calculator for reducing Mortgage term via increased payments

veryangryman · 2012-04-03 14:57:18

Hi, I have a Mortgage with AIB which has balance X I recently got a decent pay rise and want to invest some of it to increase the payments. My target is to own the house outright before im 40. At the current payments, it would be 43. Is there a calculator tool online to check how to adjust it in this way?

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03-04-2012 3:57pm

#1

veryangryman

Registered Users Posts: 5,552 ✭✭✭

Join Date: November 2007

Posts: 4571

Hi, I have a Mortgage with AIB which has balance X

I recently got a decent pay rise and want to invest some of it to increase the payments.

My target is to own the house outright before im 40. At the current payments, it would be 43.

Is there a calculator tool online to check how to adjust it in this way?

0

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#2 03-04-2012 6:41pm
dotsman

Registered Users Posts: 3,636 ✭✭✭

Join Date: April 2006

Posts: 3587

Everything you need should be here...

http://www.drcalculator.com/mortgage/

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