Fuck me.
You have a PHD in maths and you STILL think that £1,400 pcm works out as a total mortgage of £1.1m with rates of 4.5% pa?

Typical of eternal students, no idea how to apply their knowledge in the real world. Gotta worry about a supposed adult who chooses to spend half their life in school. Fair enough if it's slightly vocational - but maths?

AND YOU STILL CAN'T CALCULATE A BASIC MORTGAGE REPAYMENT FIGURE.
( Albert Marshmallow is a completely irredeemable cunt, Thu 28 Feb 2013, 21:51, 1 reply)

1.5 you dumb cunt
derp derp derp
( Dr. Shambolic je suis charlie, Thu 28 Feb 2013, 22:05, closed)

Where the fuck have you got 1.5% from?
For the last time, as if I had wanted to be a teacher, I would have been.

Rates at the time were 5%. My rate tracked .5% below that rate. This gives us a rate of 4.5% for my mortgage. Borrowing £375k at 4.5% pa works out at monthly payments of £1,400.00 - which then dropped to £0pcm within a year, as the base rate fell to .5%

You do the math.

G'night.
( Albert Marshmallow is a completely irredeemable cunt, Thu 28 Feb 2013, 22:09, closed)

You asked where I got 1.1 million from so I explained.
You're a bit defensive here.
( Dr. Shambolic je suis charlie, Fri 1 Mar 2013, 7:24, closed)

I have to agree with Albert here
www.bankofengland.co.uk/boeapps/iadb/Repo.asp

5.0% from April to October 2008

(However, when the mortgage rate dropped to zero I would have paid down the principal on the mortgage. 3 years payments knocks £50k off the principal, so if interest rates go back up you're better-off).
( Ghoti Fingers, Thu 28 Feb 2013, 22:51, closed)

I'm afraid that makes you a sex offender as well then.

( 2 Can Chunder Word to your mums, I came to prod bums, Thu 28 Feb 2013, 23:29, closed)

Right. But I'm simply explaining the figures in my original post which were based on the 2% rate implied before he edited his.

( Dr. Shambolic je suis charlie, Fri 1 Mar 2013, 7:26, closed)

Nothing's been edited my learned friend.
I used the same link in my original post, clearly showing 2008 rates.

Face it, you supposedly have a PHD yet you can't fathom a sub-GCSE percentage problem.

Good luck in life, you're gonna need it.
( Albert Marshmallow is a completely irredeemable cunt, Fri 1 Mar 2013, 9:01, closed)

Awww. Thanks.
I've always wanted advice from a creepy internet stalker and semi-literate fantasist.
( Dr. Shambolic je suis charlie, Fri 1 Mar 2013, 9:04, closed)

No really, the pleasure's all mine.
But the fantasist crown is surely all yours, to claim a PHD and then fail an 11yr old's question on percentages.

Maybe next week I'll school you in basic fractions.
( Albert Marshmallow is a completely irredeemable cunt, Fri 1 Mar 2013, 10:02, closed)

Learn to read, munchkin.

( Dr. Shambolic je suis charlie, Fri 1 Mar 2013, 10:23, closed)

Learn to count, 'doctor'.

( Albert Marshmallow is a completely irredeemable cunt, Fri 1 Mar 2013, 12:12, closed)

You honestly can't see how silly you're being, can you?

( Dr. Shambolic je suis charlie, Fri 1 Mar 2013, 12:38, closed)

Not half as silly as sweating over a PHD in mathmatics
and not being able to grasp the basic principle of percentages.
( Albert Marshmallow is a completely irredeemable cunt, Fri 1 Mar 2013, 12:45, closed)

It's written "PhD"
HTH
( Dr. Shambolic je suis charlie, Fri 1 Mar 2013, 23:01, closed)