Just Move In – Plan Your Mortgage with our Simple Mortgage Calculator

 


Simple Mortgage Calculator

For your convenience we have added a simple mortgage payments calculator below. Simply enter the values of the mortgage required, the repayment period and the interest rate. Note the calculator does not account for taxes or insurance.

Use this simple tool to figure out what your monthly payment will be for the size of mortgage you require based on the current interest rate and repayment period. The equivalent repayment based on an 8% interest rate is also shown for comparison.

 Mortgage required
 (omit commas, i.e. 78000)

 Repayment period
  years
 Current Interest rate
 
(enter 10% as 10)
  %
 
   Monthly payment
 (interest only)
 But, at 8% it will be:
 (interest only)

This simple mortgage tool has been designed purely as a guide and cannot be guaranteed.

There are many different types of mortgages available, and it can be difficult to work out which is most suitable for your needs. This simple mortgage calculator helps you assess and select a product that could suit your own particular circumstances. It is important to remember that the results provided by this mortgage calculator are based on your answers.

Most banks have a mortgage rate calculator that lets you work out how much you will have to pay. Mortgage companies have their own set of jargon, so you just have to be patient and work through it.


 

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