Rookery Farm
Mile Hill
Porthtowan
Truro TR4 8TY
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Financial Calculators
This is very much a 'what if?' page. On it, you will find access to financial calculators for several of the more usual financial purposes and some of the less usual ones.

The former include calculators for mortgages, remortgages, for comparing the alternative costs for repayment and interest only mortgages, for savings plans school fees and University funding plans and for Life Assurance needs.

The latter includes calculators for a lifetime mortgage, two different kinds of the home reversion plan, an interest only mortgage mortgage, and a comparison showing the differences between the lifetime mortgage and both kinds of home reversion plan

They are there to help you evaluate the possible consequences of making a particular financial decision. However, they are only a tool - they are not infallible. The actual results of the decisions you make will be materially affected by events, such as inflation, interest rates and investment returns, which by their very nature are ephemeral and variable. They have yet to happen and cannot be forecasted with any degree of accuracy except, possibly, in the very short term.

The calculators are there to give you food for thought and to compare the possible effects of different choices. By all means use them, but please do not consider the results to be guaranteed - they are not.
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The Cost of Smoking
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See for yourself just what a difference giving up 20 a day would make. If you saved it over the balance of a full mortgage term, it would pay for almost half a house.

The Mortgage Shop is a retired IFA that no longer gives direct advice on or arranges Equity Release. Instead, it passes your enquiry to a fully qualified and licensed professional firm, in your local area, that
will do this for you. This is a FREE referral service to you, without any obligation, and you are completely at liberty to negotiate with the firm concerned the terms for their advice and services. The information provided is on the basis of our understanding of UK tax law and Inland Revenue practice and is subject to change.  This site is intended for persons aged 18 or over, resident or ordinarily resident, in the United Kingdom. email: bobstark@mortgagefor.me.uk

This is about Equity Release Plans. To understand the features and risks, ask for a personalised illustration. The actual APR rate available will depend upon your circumstances.
Mortgage Calculator
This calculator will tell you the approximate monthly cost of a mortgage and the total interest, based on the purchase price, deposit, interest rate and mortgage term. The actual APR will depend on the product chosen and your personal circumstances. If you require an exact amount, please ask us for a Keyfacts Illustration (KFI) from a particular lender.

Purchase price:
Downpayment amount:
Interest rate (%):
Number of monthly payments:
Amount financed:
Monthly payment:
Total interest:

The Mortgage Shop will put you in touch, without obligation, with a local professional equity release adviser
Hello - I'm Bob Stark and I designed the calculators on this site to help you to decide whether or nor equity release is for you