Mortgage Repayment Calculator
This calculator will determine the number of repayments, actual repayment, total cost of loan and total interest payable on an individual’s mortgage.
Enter the loan amount, repayment frequency, number of years and interest rate.
The following results will display:
- Number of Repayments per Year – the number of repayment required based on the frequency entered;
- Repayment – the repayment amount required based on the frequency entered;
- Total Cost of Loan – the total cost of loan (principal plus interest); and
- Total Interest Payable – the total interest portion of the loan.
Example 1 : Mortgage Repayment Data Entry
ABN 71107714241 ACN 107714241
To the fullest extent permitted by law, PLANSOFT makes no representations or warranties about the accuracy, completeness, security or timeliness of the content, information or services provided by the website and disclaims all warranties, either express or implied, statutory or otherwise, including but not limited to the implied warranties of merchantability, non-infringement of third parties' rights, and fitness for a particular purpose.