2007-03-04 19:40:07 · 7 answers · asked by mielo 1 in Business & Finance ➔ Personal Finance
WHOAAA Hang on. If the reason your asking for the 4% figure is is to calculate a mortgage repayment...think again. Lenders charge 4% compound. That means for everything you owe them at the end of the yera they add another 4% to it so if you think that taking a mortgage or a loan for £300,000 will only cost £12,000 you need to think again. I would speak to a mortgage lender - their advice is always free and you don't have to take out your mortgage with them at the end of the day. Good luck
2007-03-04 19:49:48 · answer #1 · answered by Kaypee 4 · 2⤊ 0⤋
4% of £300,000?
Easy, to work out! 4% of £100,000 = £4,000! So the QUESTION, is £4,000 MULTIPLIED by THREE, - giving you the ANSWER £12,000.
So SORRY, - got NO IDEA about MORTGAGES!
2007-03-04 20:01:20 · answer #2 · answered by Spike 6 · 0⤊ 0⤋
As others have said, £12000. As to the best mortgage section, go to moneysupermarket.com and track your way through there, or go on a search engine to look for offers.
2007-03-04 19:47:49 · answer #3 · answered by busterdomino 4 · 0⤊ 0⤋
4% of 300000 is £12000
i have no idea what the 100% best mortgage is!
sorry!
2007-03-04 19:42:38 · answer #4 · answered by MiZz RuBy 6 · 0⤊ 0⤋
£12,000 for the first question, no idea about the second.
2007-03-04 19:43:04 · answer #5 · answered by Ni 4 · 0⤊ 0⤋
12,000
2007-03-04 19:42:22 · answer #6 · answered by Barbara Doll to you 7 · 0⤊ 0⤋
£12,000, and I don't know.
2007-03-04 19:42:30 · answer #7 · answered by Anonymous · 0⤊ 0⤋