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Issue with Mortgage Interest Calculator

  1. #1
    Registered User
    Join Date
    01-21-2011
    Location
    london, england
    MS-Off Ver
    Excel 2003
    Posts
    9

    Issue with Mortgage Interest Calculator

    Hi,

    I'm stuck...

    I wanted to create a calculator that would show me the amount of outstanding mortgage I have over the course of its term. I benefit from a staff mortgage which gives me two interest rates - one at Bank of England base rate, and the other at ordinary rates.

    I have it all in place and it seems to be working fine, apart from when I change the interest rate mid-term, when I do this there is always an imbalance at the end of the mortgage term and I cant see where this is coming from... if anyone could have a look it would be much appreciated!

    thanks in advance

    Jason
    Attached Files Attached Files

  2. #2
    Forum Expert dilipandey's Avatar
    Join Date
    12-05-2011
    Location
    Dubai, UAE
    MS-Off Ver
    1997 - 2016
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    8,191

    Re: Issue with Mortgage Interest Calculator

    Hi Jason,

    Where you are changing the rate ? Also, whats your expected result ? thanks


    Regards,
    DILIPandey
    <click on below * if this helps>
    DILIPandey
    +91 9810929744
    dilipandey@gmail.com

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