Cost Price
$
Mortgage Amount
$
Term of Loan
(years)
Interest Rate
% (percentage)
For an
Interest Only
Facility:
repeat the amount of the mortgage here =
$
If you wish to pay off only part of the loan over the term
with a lump sum at the end:
put the required lump sum payment at the end here =
$
Monthly Repayment
$
NOTES
When purchasing a property, you need to allow for additional costs of:
Stamp Duty on the loan (possibly not required if refinancing).
Stamp Duty on the property purchase (not applicable if refinancing).
Transfer fees on the property purchase (not applicable if refinancing).
Mortgage Application fees.
Legal fees and disbursements.
Mortgage Insurance fee (if the loan is over 80% of the value of the property).
For a quote or more details on
Commercial Loans, Lines of Credit, etc
Please email Peter Ryan at:
peter@lrm.net.au
Or fill in the general
on-line inquiry form
.
Try our
Equipment Finance
Calculator
Created: 1 October, 2000 by
Mentat Consulting Pty Ltd
. Last updated: 6 July, 2005
Copyright © 2000 Liability Risk Management Pty Ltd. All Rights Reserved.
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