If you want to take an interest-only mortgage, you can use our interest-only mortgage calculator, which can help you calculate your regular payments. With the help of our calculator, you can have an estimation of the regular payments that you need to pay during and after the interest-only period. The estimation of regular payments will depend on the loan amount. It will help you work out the total interest rates on your mortgage and reduce the monthly repayments.
Interest-only loan plans can help reduce your financial burden because you have to make monthly repayments on your interest rates only for a specified time period. If you want to take an interest-only mortgage to reduce the monthly repayments, this interest-only mortgage calculator will work the best to help you make the right financial decision.
If you want to calculate your monthly repayments, then input the information asked in the calculator:
The calculator will give you an estimation of monthly repayments, but if you want to know the exact monthly repayments, you can contact Star Homeloans.