Mortgage Repayment Calculator
This mortgage calculator is designed to help you calculate and understand the specifics of your potential home loan. It offers a detailed estimation of crucial aspects like:
1. Your monthly loan repayments.
2. The total interest payable over the loan's duration.
3. The rate at which the loan principal decreases over the loan term.
To use this tool, input the desired loan amount, the loan's term, the interest rate, and your preferred repayment frequency. The calculator is configured to assume principal and interest repayments.