CHAPTERS
Home & Summary
Preface
Prologue
Part 1 The Theory
Introduction
Simple Interest
Compound Interest
Compounding Frequency
True Rate
Nominal Rate
Capital Repayment
Flat Rate & Rule of 78
Using Spreadsheets
Building society anomaly
Glossary so far
Comprehension check
Internal Rate of Return
Annual Percentage Rate
Net Present Value
The Technical Bits
Other Formulae
Part 2 The Practise
Introduction
Pricing a feeling and separating the logic
Some basic definitions
Buy or Rent?
The future of house prices
Preliminary rules for choosing a scheme
Interest-only or
repayment mortgage
The endowment mortgage scandal
Comparing the costs of interest-only mortgages
Investment choice depends on attitudes
Conservative investments no good for mortgages
The past is no guide to the future
Do you have an under performing endowment
Mortgages products
Cashback & Discounts
Fixed rates
Flexible mortgages
Current account mortgages
Special loans
General features of lenders
How to select a mortgage scheme-summary
Buy-to-Let and the magic of gearing
How to become a millionaire
From the lender’s perspective
Equity release and home income plans
Annuities
Shared appreciation and reverse mortgages
EPILOGUE
The Internet – the future
Appendix
Low start, flexible payments & index-linking
Current mortgage regulation, the Code, & CATs
Largest thirty mortgage lenders
Spreadsheets