Loan Repayment Calculator
At Xin Mortgage, our team of experienced and dedicated mortgage finance professionals are constantly striving to guide you and help you in acquiring the best home loan for your dream house.
If you are searching for a cost-effective home loan in terms of your present financial affordability and needs, this Loan Repayment Calculator is the perfect tool for you. Using this calculator, you can analyze different variables like minimum repayments, loan term and choose the best deal for your financial decision.
By using the Loan Repayment Calculator, you can calculate the Monthly Repayment, Total Interest/ Fee Payable and the Total Payments for your home loan by merely making a few clicks.
It also includes a Loan Balance Chart that helps you analyze and estimate the perfect home loan for your desired house.
How to use the Loan Repayment Calculator?
Using the Loan Repayment Calculator is just a matter of a few simple steps and does not require any tedious calculations. Simply input the estimated details as suited for your personal needs and it will immediately process the estimated payments for your home loan.
The Loan Balance Chart will show the results in a graphical form which further helps you in choosing the best deal.
The details that you are required to enter in the calculator include :
Loan Amount: Loan Amount means the amount that you intend to borrow for your home loan.
Interest Rate: Interest Rate is the rate that is determined by the mortgage provider on your loan.
Loan Term: Loan Term is the time duration within which you plan to repay your mortgage. You can choose a Loan Term that suits you the best from the options provided by the lenders.
Loan Fee: You can enter the Loan Fee if there are any applicable charges on your mortgage.
Repayment Frequency: Repayment Frequency is the interval of repayments which is monthly, fortnightly or weekly, determined by the mortgage provider.
Note: Click the “Assumption” button to read the assumed conditions before using the calculator.
What are the benefits of using a Loan Repayment Calculator?
Loan Repayment Calculator is precisely the tool that you need if you intend to acquire the best home loan mortgage that suits your finances.
- Loan Repayment Calculator helps you in analyzing and choosing the right home loan in terms of monthly repayments and affordability.
- Using the calculator is easy
- It is time efficient.
When it comes to choosing a mortgage plan, analyzing all the possible outcomes is very crucial. The future of your finances lies in the decisions you make today. Make a smart move.
XIN Mortgage secures the ideal loan tailored to your preferences while providing you with lifetime customer service aided by our latest technology, all while rewarding you with a share of our trail commission.
We make your home loan rewarding.
XIN Wealth is committed to helping you achieve financial freedom, designing personalised plans that help accelerate your wealth creation and wealth protection. And we’re with you all the way.
Your financial freedom is our priority.