Mortgage comparisons

July 2, 2010 · Posted in Money, Property · 2 Comments 

Mortgage Comparison screenshotLast year I needed to look around for a new mortgage. Fixed rates were almost at an all-time low† and, worried about the unprecedentedly dovish position the MPC had adopted, I wanted to protect against the higher interest rates that inflation may bring. Let’s face it, at some point interest rates have to rise and it looks like the hawks are finally now getting concerned about several months of above-target inflation.

In order to compare the features of the many and various mortgage deals available at the time, I decided that it would be useful to create a mortgage comparison spreadsheet, which you are welcome to use if you’re in a similar situation. It’s probably best if I explain the background and how it works before you dive in and use it.

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