Use the form below to calculate your Repayment Mortgage details. |
| |
These
figures are only a guide. We recommend that you obtain exact figures
from a specific lender before commiting to any mortgage.
This
mortgage calculator can be used to figure out monthly payments of
a home mortgage loan, based on the home's sale price, the term of
the loan desired, buyer's down payment percentage, and the loan's
interest rate.
|
| |
|
|
How
to use the calculator |
|
1.
Enter the Total Price of your house purchase.
2. Enter the percentage deposit you have.
3. Enter the number of years the mortgage will be repayed over.
4. Enter the interest rate you are borrowing at.
5. View the calculated mortgage payment details.
6. Contact us with your calculations to enable us to tailor
a loan to suit your requirements.
* The amortization
breaks down how much of your monthly payment goes towards the
bank's interest, and how much goes into paying off the principal
of your loan. |
|
| |
|
