The ultimate mortgage repayment calculator that will help property buyers calculate stamp duty, mortgage insurance, repayments, total loan amount and more
Mortgage
Corp is proud to launch the ultimate mortgage repayment calculator that will
help property buyers calculate stamp duty, mortgage insurance, repayments,
total loan amount and more, in three simple steps.
There
are many mortgage calculators on the market, but prior to Mortgage Corp’s
All-In-One Calculator, there is no one mortgage calculator that gives you most
of the important cost information that you need for your loan. Most mortgage calculators
only let you calculate the monthly repayments. They do not tell you what the
stamp duty charge is, whether you need to pay mortgage insurance or not, or
what your final loan amount is. Some first homebuyers do not take into account government
charges and think they have enough deposit in their bank when they do not. Many
people get disappointed and shocked after they have spent much time inspecting
properties that are simply out of their price range.
Mortgage
Corp Director and Senior Lending Specialist Neil Carstairs is the man behind this
All-In-One Mortgage Calculator. Mr. Carstairs is very passionate about the
calculator and said, “when I first introduced this calculator to our Mortgage
Corp customers and partners, they absolutely loved it! It gives them a more
realistic view on what properties they may be able afford and what the charges
are”. “Having been in the home loan market for over 10 years with many clients,
in the past, I had to calculate everything manually using my pocket calculator
but now I just direct my clients to our website! They can calculate everything themselves
at the comfort of their home. They can try different figures without calling me
every time. My clients are happy, so am I!” Mr. Carstairs had a big grin on his face.
This
All-In-One Mortgage Calculator works on smart phones and tablets, making it
even more attractive considering lots of people these days use their phones and
tablets for almost everything. What is even better is
that you can print a copy of the report so you do not have to remember all the
figures.
“Of course, this calculator can only be used for estimate purposes. Interest rates and loan products are reliant
on many factors.” Mr. Carstairs cautions. “At Mortgage Corp, we base our
assessment on the percentage of your borrowings, how much you borrow, along
with your personal circumstances to recommend the most suitable loan products
available from our many lenders.”
