![]() ![]() All Spreadsheet123 trade marks and copyright notices were moved outside the printing areas. However, if the loan was initially put on an interest-only mortgage, the weekly repayment would be 384.62, saving 143.12 per week. If this was a standard principal and interest mortgage, then the weekly repayment would be 550.50. ![]() Contains fields for company/client information and company logo. Now let’s say the interest rate on this loan is set at 4, over a 30-year term. Simply enter the mortgage amount, mortgage interest rate, mortgage loan term, and perhaps a few of the optional variables, and you'll find your monthly. ![]() This Interest Only Mortgage Calculator makes it easy to compare both a fixed rate and interest only mortgage side-by-side. The simple interest loan calculator, unlocked and distributed under commercial use license, giving you rights to use this calculator with your clients (resale or distribution is not permitted). There are many important points to consider beyond just the payment. If your mortgage interest stays the same, your monthly payment will stay the same. All Spreadsheet123 trade marks and copyright notices were moved outside the printing areas. Fixed monthly payment You pay only mortgage interest each month. For example, a 180,000 loan structured over 25 years will see you pay 56,581.78 in interest over the life of the mortgage. To estimate the overpayment amount you need to make, adjust the above calculator to 15 years. Your original mortgage has with a 25-year term. Contains fields for company/client information and company logo. Suppose you want to pay off your loan in 15 years. Unlocked version of our popular loan amortization schedule template, which is distributed under commercial use license, that permits use of this calculator in your consulting and advisory business (resale or distribution is not permitted). Discover how to use an interest-only mortgage calculator to estimate your monthly payments, compare loan options, and make informed financial decisions. Contains Fields for: Logo & Company infoīonus Downloads Bonus #1 Loan Amortization Schedule This Interest-Only Mortgage Calculator is designed to help you figure out the costs and payments associated with an interest-only mortgage.Unlocked - so that you can customize it just a little more. ![]()
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