| WHICH MORTGAGE - WHICH RATE? |
SUMMARY: To find out which loan/mortgage options is the cheapest overall. When the user has completed entry of different loan amounts, starter interest rates, starter rate periods, repayment terms of a maximum six alternative mortgage/loan options in screen 2 (see screen index) of Compare Mortgages - click Next> to open this screen 3 report. Data provides the results of calculating repayment schedules for all six loans and lists year by year analysis of loan repayments under differing loan arrangements (scroll down for complete year by year analysis). In the examples provided in this demo screen two similar looking financing options (from lender 3 and lender 6) have very different expense costs when fully worked out. This report provides a quick and easy route to discovery which loan and mortgage option is cheapest overall.