A quick and easy way to calculate monthly mortgage payments on a repayment mortgage. Simply enter the amount you wish to borrow, the term over which you intend to pay it off and the interest rate. Then hit the 'Calculate' button.
The monthly payment figure includes both interest and payment towards the capital loan amount. This reduces the amount owed on the capital, month by month.
Anyone opting for an interest-
These figures are intended as a guide only; please contact Headstart for a full illustration.