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Loan Calculator - Internet Explorer only - Calculator Image

The calculator is only for general informational purposes. accepts no liability whatsoever as a result of using the calculator. Please have your accountant check your figures.

Principal Amount - amount borrowed from a financial institution.

Monthly Installment - monthly amount that can be paid on a loan.

Interest Rate - interest rate at which the amount is borrowed.

Term - number of years the borrowed amount would be paid back over.

Note: Do not use commas or full stops - only figures. If necessary, use a full stop in the interest rate column.

1. Select calculation: Monthly repayments Maximum loan
2. Principal Amount: If calculating monthly payments
3. Monthly Installment: If calculating maximum loan
4. Interest: % Type in interest rate - use dot for fractions.
5. Term (years): Select the number of years


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The calculator should help you when deciding whether the rent you're paying could finance your own property. 

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