Mortgage Calculator:
The “mortgage calculator” allows one to easily calculate the:
Monthly payment
Monthly interest and principal
The “mortgage calculator” also allows the user to calculate the amount of money saved from early repayments. The model incorporates common ratios such as Loan to value and % of monthly income to understand how a mortgage could impact one’s monthly cashflow.
Within the Excel spreadsheet, there are simple to follow instructions to utilise the model.
Find link below for the model (3 USD):
