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Calculator

Thinking about new property firstly use the mortgage calculator that will help you with your individual financial portfolio planning. It is the best method of initial cognition of mortgage offers available on financial market, and comparison of monthly instalment.

Mortgage calculator is useful for:

• comparison of mortgage loans offer
• evaluation of the mortgage tenure
• calculation of savings when
• refinance of possessed mortgage
• selection of the most favourable mortgage loans

• How long will be the repayment period?
• What is the maximum credit amount you can apply for?
• Equal or decreasing monthly instalment?
• Is it worth to reinvest?
• Which credit is worth choosing?

Equal or decreasing monthly instalment?

Applying for a mortgage you also have to specify the type of monthly instalment that you are going to pay. The calculator points out the differences between the equal and decreasing monthly instalment. After filling the credit amount, interest rates and tenure boxes the calculator the calculator shows the amount of equal and decreasing instalments.

Amount of a credit
Interest rate (%)
Tenure
calculate

Results

Table

Graph

	Equal Instalment	Decreasing Instalment
Equity
Interest only
Total

How long will be the repayment period?

Mortgage calculator is used to calculate time period needed to repay a credit in instalments.
Monthly instalment that you are able to pay , the amount of mortgage and interest rate should be put in appropriate boxes. As a result you will get the number of months necessary to repay the liabilities.

The amount of monthly instalment
Interest rate (%)
Amount of a credit
calculate

Result

Number of years needed to repay the liabilities:
Number of months needed to repay the liabilities:

What is the maximum credit amount you can apply for?

Calculator is used to evaluate the maximum mortgage that you can apply for. The amount of monthly instalment that you are able to pay, interest rate and tenure should be put in boxes. As a result you get the maximum credit eligibility that you can apply for. However, to know the precise credit eligibility you should contact with our financial advisor who will calculate it according to banks standards using all factors taken into account by bank analyst while evaluating customer credit eligibilities.

The amount of monthly instalment
Interest rate (%)
Tenure
calculate

Result

The maximum amount of credit granted by bank:

Is it worth to reinvest?

Our tool is used to calculate the eventual savings from reinvestment credit. Outstanding amount of the mortgage, outstanding tenure, types of instalments have to be put in boxes. Than, you have to fill the part including refinance credit (interest rate, type of monthly instalment, tenure). As a result you will receive the comparison.

Outstanding amount of the mortgage
Interest rate of current credit (%)
Outstanding time to repay current credit
Type of monthly instalment		decreasing equal
	Percentage	Amount
Early repayment fee
Bank commission from new credit
Other costs including mortgage change
Interest rate of a new credit
Tenure of new credit repayment
Monthly instalment		decreasing equal
calculate

Result

Table

Graph

New credit instalment:
Instalment after the refinance:
How much will bank earn?
How much you will save from new credit (interest only)?

Which credit is worth choosing?

This calculator is useful when you want to compare mortgage offers (including monthly instalment of both offers). After the filling of credit parameter (that is: total amount of a credit, interest rate, tenure and monthly instalment) the calculator shows differences between offers.

	Offer 1	Offer 2
Amount of a credit
Interest rate
Amount of instalment
Instalments	decreasing equal	decreasing equal
Result

Result

Table

Graph

		Offer 1	Offer 2
Instalment	Interest only
	Equity
	Total
INTEREST COSTS OF CREDIT
at the instalment tailing off given value refers up to the first instalment