Mortgage Type Changes

Gary · 1 upvote

It would be good if we could model mortgage type changes at various stages i.e. I'm 5 years from my retirement date and I've just moved from repayment to interest only for a couple of years. I will then move to part and part for 3 years before moving back to an interest only until I downsize and go mortgage free a few years into retirement. At present, I can't model this in Isaac.

Why not right now: Thanks for such a clear example. It's not something we're planning right now, as only a small number of users need it and it would add a lot of complexity to the app. For now, you can get close by entering your mortgage payments as spending that changes at different ages. If enough people ask for this, we'll look at it again.