Free Mortgage Calculator Multiplies Borrowing Options

Wednesday, February 2, 2011

PRESTON, England, February 3, 2011 - is a new free and easy mortgage comparison web site that
answers the two simple questions asked by thousands of online users
desperately searching for a loan every month.

The online mortgage app lets consumers instantly find
out how much they can borrow and the estimated cost of repayments.

The site strips away all the financial mumbo-jumbo, ifs and buts that are
so confusing for most consumers to tell them exactly what they want to know.

All the consumer has to do is input the answers to just seven
straightforward questions about their income, credit repayments and the
borrowing requirements for the new mortgage (1). ( returns the instant
answer - and is ready to go to work again.

Adjusting the figures to compare loans and repayments is easy with the
mortgage app's simple slider interface.

No fuss - just a quick and easy mortgage app

For consumers who want mortgage advice, an online form is available at
the touch of a button that puts them in touch with an experienced and
knowledgeable consultant.

Free download guides highlight the key differences and explain the
technical terms for key types of loan, like fixed, tracker and variable rate

What's more, no-one has to sign up to the site or type in a password
whether they use the mortgage calculator once or a thousand times. satisfies demand for information about mortgages from
the 135,000 internet users a month who search online for the term 'mortgage
calculator' ( (2)

"We thought simply giving people the information they are searching for
about mortgages without any fuss or bother was a great idea," said Daniel

Compare thousands of mortgages and remortgages

"Most people want to know how much they can borrow and how much the loan
will cost, so we tell them. If they want to find out more, they can, but
there's no obligation to do so and no one collects any user data.

"Our aim is to give consumers the information they need to make an
informed choice about the best mortgage to suit their personal financial

The mortgage calculator compares products and prices for thousands of
mortgages for first time buyers, movers and buy to let landlords. The
calculator will also help homeowners find the best remortgage deals.

Mortgages are just the first of several online calculators lined up for
the personal finance comparison web site.

Coming soon are more helpful apps to help with finding personal loans and
the best place for savings.

Try out the calculator at


1 - The seven questions asked by

    How much do you earn?
    How much does your partner earn?
    How much are your monthly credit repayments?
    How much deposit have you saved?
    How much do you want to borrow?
    How much of the borrowing is capital and repayment?
    How long is the loan period?

2 - The term 'mortgage calculator' was searched for 135,000 times in
October, which accounted for 7% of all retail banking-related searches and
24% of specific mortgage-related searches, according to Greenlight, a search
marketing specialist and technology firm.

    Sam Allcock
    Tel: +44(0)1772-781-830

Contact: Sam Allcock, Tel: +44(0)1772-781-830, sam at

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