Mortgage Calculators

Mortgage Calculators are online loan calculator programs that allow you to check how much you will be spending for your mortgage.

Here are several variations of mortgage calculators on the web:

How Much Can I Borrow? Calculator

Estimates the maximum you can borrow, given your monthly income and expenditure and current interest rates. This calculator also builds in a buffer for interest rate rises.

Income and Expenditure Worksheet

Calculates how much you can AFFORD to borrow.

Basic Repayment Calculator

Enter the interest rate, the term of the loan and the amount you are borrowing to get the minimum monthly repayment and the amount of interest paid.

Advanced Repayment Calculator

Calculates the loan repayment and the total interest paid. Also shows the effect of making additional repayments and redraws and produces a table showing the full loan amortisation.

Fixed vs Variable Interest Rate Calculator

Analyses the choice of a fixed or variable rate by modeling changes in the variable interest rate and comparing the amount repaid during the period and the outstanding loan balance at the end of the period.

Try out your projected mortgage calculations on the embedded sample calculator:

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