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Posts Tagged ‘mortgage repayment’

April 30 2009

Mortgage Payment

Loan Amount (R)

Term (years)

Interest Rate (%)

Monthly Payments (R)

Notes on Using the Mortgage Payments Calculator

  1. This calculator will calculate your monthly mortgage repayment over the mortgage term.
  2. The loan amount is the amount that you intend borrowing from the bank , if you are paying a deposit the loan amount will be the total purchase price less the deposit you are going to pay.
  3. Input the required information and hit the ‘ Calculate ‘ button and you will have your answer.
  4. To clear the data you have inputed hit the ‘ Reset ‘ button.