This calculator will determine the number of repayments, actual repayment, total cost of loan and total interest payable on an individual’s mortgage.
The following results will display:
1 Number of Repayments per Year – the number of repayment required based on the frequency entered;
2 Repayment – the repayment amount required based on the frequency entered
3Total Cost of Loan – the total cost of loan (principal plus interest); and
4Total Interest Payable – the total interest portion of the loan.
Call me at 1-800-929-0625 or visit the websitehttp://www.mortgagelowestrate.ca/mortgage-renewal.html to get started